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Baidu stalls - Analysis - 23-02-2021

Economies.com
2021-02-23 12:07PM UTC

Baidu's stock (BIDU) fell 1.21% in the last session on profit-taking, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with a surge in trading volumes. 

 

Therefore we expect the stock to rise and target the resistance of 375.00.

 

Expected trend for today: Bullish

Comcast strives to pierce pivotal resistance - Analysis - 23-02-2021

Economies.com
2021-02-23 12:07PM UTC

Comcast's stock gained ground while attempting to pierce the pivotal resistance of 52.35, amid the dominance of the main upward trend in the medium term, with support from the 50-day SMA, as the RSI reached oversold levels compared to the stock's movements. 

 

Therefore we expect more gains for the stock, targeting the resistance of 52.35, then targeting the next one at 55.00.

 

Expected trend for today: Bullish

Cisco exposed to negative pressure - Analysis - 23-02-2021

Economies.com
2021-02-23 12:07PM UTC

Cisco Systems' stock (CISCO) fell 0.55% in the last session while hurt by piercing the upside short-term trend line, trespassing the support of the 50-day SMA and doubling the pressure on the stock. 

 

Therefore we expect more losses for the stock, targeting the first support at 43.65, provided it holds below 45.56. 

 

Expected trend for today: Bearish

eBay leans on important support - Analysis - 23-02-2021

Economies.com
2021-02-23 12:06PM UTC

eBay's stock fell 0.68% in the last session, amid negative signals from the RSI, while leaning on the pivotal support of 61.02, as it gathers momentum to help it rise anew, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the first resistance at 65.25. 

 

Expected trend for today: Bullish