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Bank of America gathers momentum - Analysis - 17-11-2017
Bank of America's stock (BAC) fell in the intraday levels, recording a loss of 0.11% in the last session, or 0.03 points, as the stock tries to gather momentum to help it rise anew, while a positive divergence forms in the Stochastic indicator as shown below the attached chart, with positive support from the 50-day SMA, coupled with the dominance of the main upward trend in the medium trend.
Therefore we expect the stock to return higher, targeting the important resistance of 28.12, as long as the support of 25.77 holds on.
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Microsoft tries to recoup losses - Analysis - 17-11-2017
Microsoft's stock (MSFT) returned in the intraday levels, scoring a profit of 0.27% in the last session, or 0.22 points, with positive support from the 50-day SMA, coupled with the dominance of the main upward trend in the medium and short terms, while the RSI reached extremely oversold levels compared to the stock's movements, hinting at a positive divergence in the Stochastic indicator as shown below the attached chart.
MorePayPal pierces current resistance - Analysis - 17-11-2017
PayPal Holdings' stock (PYPL) spiked in the intraday levels, scoring a profit of 5.82% in the last session, or 4.27 points, as the stock pierced the resistance of 75.20, while a positive divergence formed in the Stochastic indicator as shown below the attached chart, with the complete dominance of the main upward trend in the medium and short terms, coupled with positive support from the 50-day SMA.
MoreFacebook regains footing - Analysis - 17-11-2017
Facebook's stock (FB) rose anew in the intraday levels, scoring a profit of 0.92% in the last session, or 1.64 points, with the dominance of the main upward trend in the medium and short terms, coupled with positive support from the 50-day SMA.
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