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AT&T suffers from negative pressures - Analysis - 19-10-2017
AT&T's stock (T) fell in the intraday levels, recording a loss of 1.44% in the last session, or 0.52 points, and settling back below the support of 35.91, which represents the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the medium term (from 30.97 to 43.89), with negative pressure from the 50-day SMA, while the RSI reached extremely oversold levels.
Therefore we expect more losses for the stock, as long as it settles below 35.91, targeting the support of 34.02, which represents the ratio 76.4% of the same retracement levels mentioned earlier.
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JPMorgan climbs cautiously - Analysis - 19-10-2017
JPMorgan & Chase's stock (JPM) rose in the intraday levels, scoring a profit of 0.38% in the last session, or 0.37 points, as the stock settles above the resistance of 97.29, with the dominance of the main upward trend in the medium and short terms, coupled with positive support from the 50-period SMA in the intraday levels, and with positive signals from the RSI.
MoreBoeing returns higher - Analysis - 19-10-2017
Boeing's stock (BA) returned higher in the intraday levels, scoring a profit of 0.55% in the last session, or 1.42 points, with positive support from the 50-period SMA in the intraday levels, coupled with the dominance of the main upward short-term trend, while the RSI reached extremely oversold levels compared to the stock's movement.
MoreMidday update for bitcoin 19-10-2017
Bitcoin price keeps the support base formed above 5600.00 barrier, to keep the bullish trend scenario valid in the upcoming period, supported by the EMA50, waiting to test 5800.00 level initially, reminding you that breaching this level will push the price towards 6220.00 followed by 6300.00, whie holding above 5415.00 represents key condition to continue the expected rise.
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