Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

Cisco clings to upside trend - Analysis - 16-07-2021

Economies.com
2021-07-16 12:01PM UTC

Cisco's stock declined 0.81% in the last session while gathering momentum to help it rise anew, as it also vents off overbought saturation in the RSI with negative signals out of them, leaning thereafter on the support of the upside short-term trend line, while also leaning on the support of the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 55.30, provided the support of 52.85 holds on.

 

Expected trend for today: Bullish 

eBay tries to regain footing - Analysis - 16-07-2021

Economies.com
2021-07-16 12:00PM UTC

eBay's stock rose 0.16% in the last session amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA, while the RSI reached oversold levels compared to the stock's movements, hinting at positive divergence. 

 

Therefore we expect more gains for the stock, targeting the resistance of 70.75 anew. 

 

Expected trend for today: Bullish 

Facebook seeks a bottom to bounce it higher - Analysis - 16-07-2021

Economies.com
2021-07-16 12:00PM UTC

Facebook's stock (FB) fell 0.91% in the last session while seeking a bottom to bolster it higher anew, amid the dominance of the main upward trend in the short term, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 358.70, provided the support of 339.70 holds on.

 

Expected trend for today: Bullish 

Google collects profits - Analysis - 16-07-2021

Economies.com
2021-07-16 12:00PM UTC

Google's stock (GOOG) fell on profit-taking while gathering momentum to help it rise anew, as it vents off overbought saturation in the RSI, with the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 2,670, provided the support of 2,556 holds on.

 

Expected trend for today: Bullish