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Boeing seeks a bottom to boost it - Analysis - 22-10-2018
Boeing's stock traded alongside the main upward trend line in the medium and short terms, while seeking a bottom to bounce it higher anew, recording a loss of 0.86%, or 3.09 points, while a positive divergence formed in the Stochastic indicator as shown below the attached chart.
Therefore we expect the stock to return higher, targeting the resistance of 374.48, provided the support of 352.37 holds on.
Expected trend for today: Likely Bullish
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eBay in a free fall - Analysis - 22-10-2018
eBay's stock gave up ground and breached the support of 31.28, representing the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the medium term (from 21.52 to 47.07), with negative pressure from the 50-day SMA, coupled with a surge in trading volumes.
MoreAlibaba climbs within negative zone - Analysis - 22-10-2018
Chinese Alibaba's stock steadied below the resistance of 148.85, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the medium term (from 86.01 to 211.70), and scoring a profit of 0.64%, or 0.91 points, with negative pressure from the 50-day SMA.
MoreAltaba ends cautiously higher - Analysis - 22-10-2018
Altaba's stock rose 0.55% in the last session, or 0.33 points, with negative pressure from the 50-day SMA, while trading within a descending price channel that guided recent short-term trading, with negative signals from the RSI.
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