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AT&T widens gains - Analysis - 22-01-2018
AT&T's stock (T) rose in the intraday levels, scoring a profit of 0.16% in the last session, or 0.06 points, amid positive support from the 50-day SMA, with a positive divergence forming in the Stochastic indicator as shown below the attached chart, while the stock readies to tackle the resistance of 37.53.
Therefore we expect more gains for the stock, especially if the resistance of 37.53 was breached, targeting the next one at 39.32.
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JPMorgan turns gains into losses - Analysis - 22-01-2018
JPMogan & Chase's stock (JPM) fell in the intraday levels, recording a loss of 0.22% in the last session, or 0.25 points, after hitting an intraday high at 114.34, bouncing off it lower and turning the gains into losses, while still confirming the breach of the 112.83 resistance, with positive pressure from the 50-day SMA, coupled with the dominance of the main upward trend in the medium and short terms.
MoreBoeing dips on profit-taking - Analysis - 22-01-2018
Boeing's stock (BA) fell anew in the intraday levels, recording a loss of 0.71% in the last session, or 2.43 points, as traders collect profits, while the stock gathers momentum to help it rise anew, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms.
MoreAlibaba tries to gather momentum - Analysis - 22-01-2018
Chinese Alibaba's stock (BABA) fell in the intraday levels, recording a loss of 0.19% in the last session, or 0.35 points, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, as the stock tries to gather momentum to help it rise anew.
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