Autodesk readies to pierce current support - Analysis - 21-09-2022
Autodesk's stock (ADSK) fell in the last session, amid negative signals from the RSI, coupled with negative pressure from the 50-day SMA, amid the dominance of the main downward trend in the short term.
Therefore we expect more losses for the stock, targeting the pivotal support of 163.20, provided the support of 193.33 was breached.
Expected trend for today: Bearish
Broadcom sharpens decline - Analysis - 21-09-2022
Boradcom's stock (AVGO) fell in the intraday levels amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA.
Therefore we expect more losses for the stock, targeting the important support of 463.90, provided the resistance of 514.00 holds on.
Expected trend for today: Bearish
Blackberry hurt by exiting an ascending correctional price channel - Analysis - 21-09-2022
Blackberry Limited's stock (BB) fell in the last session while hurt recently by exiting an ascending correctional price channel that guided recent short-term trading, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the stock, targeting the pivotal support of 4.70, provided it holds below 6.25.
Expected trend for today: Bearish
City Group declines anew - Analysis - 21-09-2022
City Group's stock (C) returned lower in the intraday levels, amid the dominance of the main downward trend in the medium and short terms, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA.
Therefore we expect more losses for the stock, targeting the pivotal support of 45.40, provided the resistance of 50.80 holds onn.
Expected trend for today: Bearish