eBay's stock surged 1.90%, bypassing the resistance of the 50-day SMA, while trading in sideways trading as the RSI reached overbought levels.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 38.90.
Expected trend for today: Bullish
Ford Motor Company's stock rose mildly while trying to settle above the 9.77 resistance, representing the ratio 50% of Fibonacci retracement levels for a descending wave in the medium term, while shaking off pressure from the 50-day SMA, as the stock traded alongside the upward short-term trend line.
Therefore we expect the stock to rise, provided it settles above 9.77, targeting the next resistance at 10.33, which represents the ratio 61.8%.
Expected trend for today: Bullish
Alibaba's stock rose after the support of 151.20 held on, amid positive signals from the RSI, scoring a good profit of 2.08%, amid negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, as long as the resistance of 165.25 holds on, targeting the support of 151.20.
Expected trend for today: Bearish
Alphabet's stock rose 2.08% in the last session after the support of 1045.49 held its ground, representing the ratio 76.4% of Fibonacci retracement levels for an ascending wave in the short term, while venting off oversold saturation in the RSI, countered by negative pressure from the 50-day SMA.
Therefore we expect more gains for the stock as long as the support of 1045.49 holds on, retesting the resistance of 1092.38, representing the ratio 61.8% of the same retracement levels.
Expected trend for today: Bullish