Dollar Tree climbs cautiously - Analysis - 01-03-2024

Coca-Cola Company’s stock (KO) fell in the intraday levels, with negative signals from the RSI after reaching overbought levels, amid attempts to vent off overbought saturation, thus learning on the support of the 50-day SMA as the stock tries to gather momentum to rise again, amid the dominance of the upward correctional trend in the short term.

Marriott International’s stock (MAR) rose in the intraday levels, tackling the important resistance of 250.00, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, as the stock trades above the 50-day SMA, countered with negative signals from the RSI.

Brent oil price shows positive trades now to test the sideways range’s resistance line that appears on the chart, and the price still within this range that its lines represented by 81.00 support and 83.87 resistance, waiting to surpass one of these levels to detect the next targets clearly.