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Coca-Cola readies to tackle important resistance - Analysis - 22-10-2018
Coca-Cola's stock returned higher while shaking off negative pressure from the 50-day SMA, scoring a profit of 1.58% in the last session, or 0.72 points, amid the dominance of the upward correctional short-term wave along the trend line, readying thereafter to tackle the important resistance of 46.87, with positive signals from the RSI.
Therefore we expect more gains for the stock, provided the resistance of 46.87 was breached, targeting the next pivotal one at 48.62.
Expected trend for today: Bullish
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Bank of America ends cautiously higher - Analysis - 22-10-2018
Bank of America's stock traded within a descending correctional price channel, scoring a profit of 0.25% in the last session, or 0.07 points, with positive signals from the RSI, countered with negative pressure from the 50-day SMA.
MoreMicrosoft tries to regain footing - Analysis - 22-10-2018
Microsoft's stock returned higher amid the complete dominance of the main upward trend in the medium and short terms along the trend line as shown in the attached chart, with positive signals from the RSI, scoring a nominal profit of 0.15% in the last session, or 0.16 points, while striving to shake off negative pressure from the 50-day SMA.
MorePayPal witnesses surge in trading volumes - Analysis - 22-10-2018
PayPal Holdings' stock spiked 9.42% in the last session, or 7.30 points, touching the resistance of the 50-day SMA, while hurt by a negative pattern that formed in the short term, the Rising Wedge pattern.
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