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General Electric readies to tackle pivotal resistance - Analysis - 17-02-2021

Economies.com
2021-02-17 11:32AM UTC

General Electric's stock (GE) rallied 2.05% in the last session while readying to tackle the pivotal resistance of 12.25, amid the dominance of the main upward trend in the medium and short terms, with support  from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the resistance of 13.15, provided the resistance of 12.25 was breached. 

 

Expected trend for today: Bullish 

General Motors tries to gather momentum - Analysis - 17-02-2021

Economies.com
2021-02-17 11:32AM UTC

General Motors' stock (GM) fell in the last session amid negative signals from the RSI, while gathering momentum to help it rise anew, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 56.90 anew. 

 

Expected trend for today: Bullish 

Goldman Sachs surges - Analysis - 17-02-2021

Economies.com
2021-02-17 11:32AM UTC

Goldman Sachs' stock (GS) surged 1.84% in the last session, piercing the pivotal resistance of 305.35, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the first resistance at 325.30, provided it holds above 305.35. 

 

Expected trend for today: Bullish 

Home Depot tries to garner momentum - Analysis - 17-02-2021

Economies.com
2021-02-17 11:31AM UTC

Home Depot's stock (HD) fell 0.76% in the last session, amid positive pressure from the 50-day SMA, while gathering momentum to help it rise anew, amid negative signals from the RSI. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 292.65, provided the support of 269.90 holds on.

 

Expected trend for today: Bullish