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Didi extends losses - Analysis - 17-03-2023

Economies.com
2023-03-17 12:36PM UTC

Didi Global's stock (DIDIY) kept  falling in the intraday levels while hurt by piercing the upward trend line in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels.

 

Therefore we expect more losses for the stock, targeting the support of 3.00, provided the resistance of 4.00 holds on.

 

Expected trend for today: Bearish

Blackstone touches SMA resistance - Analysis - 17-03-2023

Economies.com
2023-03-17 12:35PM UTC

Blackstone INC's stock (BX) rose in the intraday levels, supported by positive signals from the RSI, marking a cautious profit of 0.68% in the last session, or 59 points, and settling at 87.26, amid the dominance of the main downward trend in the medium term, while touching the resistance of the 50-day SMA. 

 

Therefore we expect the stock to return lower, targeting the support of 72.24, provided the resistance of 91.75 holds on.

 

Expected trend for today: Bearish

Baker Hughes tries to recoup some losses - Analysis - 17-03-2023

Economies.com
2023-03-17 12:35PM UTC

Baker Hughes Company's stock (BKR) rose in the last session, amid attempts to recoup some recent losses, while venting off oversold saturation in the RSI, marking a mild profit of 1.68% in the last session, or 45 cents, and settling at 27.30, while hurt by piercing the upward correctional trend line previously in the short term, with negative pressure from the 50-day SMA.

 

Therefore we expect the stock to return lower, targeting the first support at 25.12, provided it settles below 27.07.

 

Expected trend for today: Bearish

AT&T ends cautiously higher - Analysis - 17-03-2023

Economies.com
2023-03-17 12:34PM UTC

AT&T's stock (T) rose in the intraday levels, amid positive signals from the RSI, after reaching oversold levels, amid attempts to recoup some recent losses, marking a cautious profit of 0.44% in the last session, or 8 cents, and settling at 18.39, amid negative pressure from the 50-day SMA, while hurt  by piercing the upward correctional trend line in the short term.

 

Therefore we expect the stock to return lower, targeting the pivotal support of 17.64. 

 

Expected trend for today: Bearish