|
eBay returns lower - Analysis - 08-05-2018
eBay's stock (EBAY) returned lower in the intraday levels, recording a loss of 0.53% in the last session, or 0.20 points, amid negative pressure from the 50-day SMA, after climbing earlier to vent off oversold saturation in the RSI, after the support of 37.14 held on, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the short term (from 27.28 to 46.99).
Therefore we expect more losses for the stock, especially if the support of 37.14 was breached, targeting the next one at 34.81, which represents the ratio 61.8% of the same retracement levels.
Thanks for your feedback.
Altaba shakes off negative pressure - Analysis - 08-05-2018
Altaba's stock (AABA) surged in the intraday levels, scoring a fresh profit of 3.60% in the last session, or 2.62 points, amid the dominance of the main upward medium-term trend, succeeding in trespassing the resistance of the 50-day SMA, shaking off its negative pressure, amid positive signals from the RSI.
MoreApple muscles up - Analysis - 08-05-2018
Apple's stock (AAPL) kept rising in the intraday levels, scoring a new profit of 0.72% in the last session, or 1.33 points, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, succeeding thereafter in piercing the important resistance of 183.50.
MoreCoca-Cola resumes decline - Analysis - 08-05-2018
Coca-Cola's stock (KO) returned lower in the intraday levels, registering a loss of 0.52% in the last session, or 0.22 points, and settling anew below 42.29, amid negative pressure from the 50-day SMA, with the dominance of the downward short-term trend.
More