Ford surges - Analysis - 04-01-2017

Microsoft's stock rose in the intraday levels, scoring a profit of 0.71% in the last session, or 0.44 points, amid ongoing positive pressure from the SMA for the last 50 days period, as relative power indicators reached extremely oversold levels compared to the stock's upward movement, hinting at positive divergence in the Stochastic indicator as shown below the attached chart, with the dominance of the main upward short-term trend along the trend line.

PayPal Holdings' stock closed higher in the intraday levels, scoring a profit of 1.98% in the last session, or 0.78 points, while ending a session marked with high volatility, after retesting the pivotal resistance of 40.50, which represents the ratio 38.2% of Fibonacci retracement levels for an ascending wave in the short term (from 34.00 to 44.52), with ongoing negative pressure from the SMA for the last 50 days period.

Walt Disney's stock returned higher in the intraday levels, scoring a profit of 1.78% in the last session, or 1.86 points, while settling above the pivotal support of 103.45, which represents the ratio 50% of Fibonacci retracement levels for a descending wave in the short term (from 120.65 to 86.25), with positive divergence forming in the Stochastic indicator as shown below the attached chart, coupled with ongoing positive pressure from the SMA for the last 50 days period.