Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Comcast reverses higher - Analysis - 07-01-2021

Economies.com
2021-01-07 12:24PM UTC

Comcast's stock rallied 1.16% in the last session after bouncing off a session-low at 49.24, amid positive support from the 50-day SMA, and with the dominance of the main upward long-term trend, countered by negative signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 52.34. 

 

Expected trend for today: Bullish 

Cisco widens gains - Analysis - 07-01-2021

Economies.com
2021-01-07 12:24PM UTC

Cisco Systems' stock (CISCO) rose 0.95% in the last session amid the dominance of the upward correctional trend in the short term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the first resistance at 45.55, provided the support of 43.65 holds on. 

 

Expected trend for today: Bullish 

eBay receives positive support - Analysis - 07-01-2021

Economies.com
2021-01-07 12:23PM UTC

eBay's stock rose 2.29% in the last session after leaning on the main upward long-term trend line, with positive signals from the RSI, coupled with positive support from the 50-day SMA. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 58.35, provided the support of 49.37 holds on.

 

Expected trend for today: Bullish 

Facebook sharpens decline - Analysis- 07-01-2021

Economies.com
2021-01-07 12:23PM UTC

Facebook's stock (FB) fell 2.83% in the last session while hurt by piercing the main upward trend line recently, with negative pressure from the 50-day SMA. 

 

Therefore we expect more losses for the stock, targeting the next support at 245.45. 

 

Expected trend for today: Bearish