eBay’s stock price rose in the intraday levels amid the dominance of the main upward trend in the short term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels compared to the stock’s movements, hinting at positive divergence.
Therefore we expect more gains for the stock, targeting the resistance of 52.83, provided the support of 49.50 holds on.
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CVS Health Corporation’s stock price edged up in the intraday levels, amid the dominance of the upward correctional trend in the short term, with positive support from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, hindering recent gains.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 83.25, provided it settles above 76.60.
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Taiwan Semiconductor’s stock price (TSM) fell in the intraday levels, while seeking a bottom to gather fresh momentum and rise anew, amid the dominance of the main upward trend in the short term alongside the trend line, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the important resistance of 158.40, provided the support of 133.73 holds on.
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Vertex Pharmaceuticals Incorporated’s stock price (VRTX) fell in the intraday levels amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels compared to the stock’s movements, hinting at negative divergence, which could double negative pressures on the stock.
Therefore we expect more losses for the stock, targeting the first support at 407.00, provided it settles below 427.40.
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