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ExxonMobil suffers from negative pressures - Analysis - 28-03-2018
ExxonMobil's stock (XOM) fell anew in the intraday levels, registering a loss of 0.41% in the last session, or 0.30 points, amid the dominance of the downward short-term trend, with negative pressure from the 50-day SMA, while the RSI reached extremely overbought levels compared to the stock's movements.
Therefore we expect more losses for the stock, as long as the resistance of 76.06 holds on, targeting the pivotal support of 71.55.
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Walt Disney heads south - Analysis - 28-03-2018
Walt Disney's stock (DIS) returned lower in the intraday levels, recording a loss of 1.28% in the last session, or 12.9 points, and settling anew below 100.16, which represents the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the short term (from 90.32 to 116.10), with negative pressure from the 50-day SMA.
MoreStarbucks fails to hold gains - Analysis - 28-03-2018
Starbucks' stock (SBUX) fell in the intraday levels, recording a loss of 0.59% in the last session, or 0.34 points, after hitting an intraday high at 58.50, bouncing off it lower and turning the gains into losses before the close, with negative pressure from the 50-day SMA, coupled with negative signals from the Relative Strength Index.
MoreIBM returns lower - Analysis - 28-03-2018
IBM's stock returned lower in the intraday levels, recording a loss of 0.95% in the last session, or 1.46 points, while settling below the resistance of 157.62, representing the ratio 38.2% of Fibonacci retracement levels for an ascending wave in the medium term (from 116.90 to 182.79), with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.
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