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Coca-Cola rises for third straight session - Analysis - 29-03-2018
Coca-Cola's stock (KO) rose anew in the intraday levels, scoring a profit of one percent, or 0.43 points, with negative pressure from the 50-day SMA, as the stock vents off oversold saturation in the Relative Strength Index.
Therefore we expect the stock to return lower, especially if it settled back below 43.22, representing the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the short term (from 39.88 to 48.62), targeting the support of 41.94, which represents the ratio 78.6% of the same retracement levels.
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Bank of America leans on current support - Analysis - 29-03-2018
Bank of America's stock (BAC) fell in the intraday levels, recording a new loss of 0.44% in the last session, or 0.13 points, and leaning on the support of 29.13, while getting hurt by exiting an ascending price channel recently in the short term, amid negative pressure from the 50-day SMA.
MoreMicrosoft chalks up another loss - Analysis - 29-03-2018
Microsoft's stock (MSFT) fell in the intraday levels, recording a new loss of 0.09% in the last session, or 0.08 points, while trading alongside the main upward short-term trend line, with positive signals from the RSI, coupled with a noticeable rise in trading volumes, as the stock tries to gather momentum to help it rise anew.
MorePayPal breaches upward trend line - Analysis - 29-03-2018
PayPal Holdings' stock (PYPL) fell anew in the intraday levels, registering a new loss of 1.64% in the last session, or 1.25 points, amid negative pressure from the 50-day SMA, and piercing the main upward medium-term trend line as shown in the attached chart.
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