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Facebook tries to vent off oversold saturation - Analysis - 29-03-2018
Facebook's stock (FB) rose in the intraday levels, scoring a profit of 0.53% in the last session, or 0.81 points, as the stock tries to vent off oversold saturation in the RSI and recoup some earlier losses, amid negative pressure from the 50-day SMA, while getting hurt by exiting an ascending price channel that guided recent short-term trading.
Therefore we expect the stock to return lower, as long as the resistance of 161.56 holds on, targeting the support of 147.80.
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City Group sharpens decline - Analysis - 29-03-2018
City Group's stock (C) fell in the intraday levels, registering a new loss of 0.03%, or 0.02 points, while getting hurt by piercing the main upward trend line recently in the short term, with negative pressure from the 50-day SMA.
MoreGeneral Motors tries to recover some losses - Analysis - 29-03-2018
General Motors' stock (GM) rose in the intraday levels, scoring a profit of 1.72% in the last session, or 0.60 points, amid negative pressure from the 50-day SMA, while settling below the resistance of 35.69, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the medium term (from 24.62 to 46.76), as the stock tries to recoup some past losses.
MoreMidday update for Litecoin 29-03-2018
Litecoin price succeeded to reach to our main waited target at 120.00, showing more of the negative signals that supports the chances for the continuation of the bearish bias, opening the way for targeting the recorded top at 89.02.
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