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DoorDash soars - Analysis - 01-08-2023
DoorDash's stock (DASH) kept rising in the intraday levels, marking a fresh profit of 1.27% in the last session, or 1.14 points, and settling at 90.79, amid positive support from the 50-day SMA, coupled with positive signals from the RSI, amid the dominance of the upward short-term trend.
Therefore we expect more gains for the stock, targeting the resistance of 100.00, provided it settles above 87.00.
Expected trend for today: Bullish
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AMC receives positive support - Analysis - 01-08-2023
AMC Entertainment Holdings' stock (AMC) rallied in the intraday levels after leaning on the support of the 50-day SMA, while retesting the downward trend line that was breached recently in the short term, sending the stock 7.11% higher in the last session, or 33 cents, and settling at 4.97.
MoreGameStop tries to recoup some losses - Analysis - 01-08-2023
GameStop Corporation's stock (GME) rose in the intraday levels while recouping some recent losses and marking a cautious profit of 1.23% in the last session, or 27 cents, and settling at 22.20, while hurt by piercing the upward correctional short-term trend line, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.
MoreNike pierces downward correctional trend line - Analysis - 01-08-2023
Nike's stock (NKE) rose in the intraday levels, confirming the breach of the downward correctional short-term trend line, and marking a profit of 1.63% in the last session, or 1.77 points, and settling at 110.39, while trading above the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, hindering upcoming gains.
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