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AT&T returns higher - Analysis - 12-06-2019

Economies.com
2019-06-12 13:23PM UTC

AT&T's stock returned higher amid positive pressure from the 50-day SMA, amid the dominance of the upward short-term trend, scoring a modest 0.56% profit and readying to tackle the stubborn resistance of 32.49. 

 

Therefore we expect more gains for the stock, provided the resistance of 32.49 was breached, targeting the next pivotal resistance at 34.28. 

 

Expected trend for today: Bullish 

American Express climbs - Analysis - 12-06-2019

Economies.com
2019-06-12 13:24PM UTC

American Express' stock kept rising in the short term with a 0.46% profit, amid the dominance of the main upward trend in the short and medium term, with positive pressure from the 50-day SMA, while the RSI reached overbought levels. 

 

Therefore we expect more gains for the stock, as long as it settles above 120.80, targeting the resistance of 130.76. 

 

Expected trend for today: Bullish 

Boeing settles at negative zone anew - Analysis - 12-06-2019

Economies.com
2019-06-12 13:24PM UTC

Boeing's stock skidded below 350.94, representing the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the short term (from 292.11 to 328.34), with negative signals from the RSI after reaching overbought levels, hinting at forming a negative divergence. 

 

Therefore we expect more losses for the stock, as long as it settles below 350.94, targeting the next support at 328.34. 

 

Expected trend for today: Bearish 

ExxonMobil gives in to negative pressure - Analysis - 12-06-2019

Economies.com
2019-06-12 13:23PM UTC

ExxonMobil's stock fell off a session high at 75.77, turning the gains into a 0.96% loss while settling below the resistance of 76.24, representing the ratio 38.2% of Fibonacci retracement levels for an ascending wave in the short term (from 64.61 to 83.44), with negative pressure from the 50-day SMA, while a negative divergence formed in the Stochastic indicator after reaching overbought levels. 

 

Therefore we expect more losses for the stock, as long as the resistance of 76.24 holds on, targeting the support of 74.01, which represents the ratio 50% of the same retracement levels. 

 

Expected trend for today: Bearish