|
General Electric tries to vent off oversold saturation - Analysis - 28-03-2018
General Electric's stock (GE) rose in the intraday levels, as the stock tries to vent off oversold saturation in the RSI and recoup earlier losses, amid negative pressure from the 50-day SMA, with the dominance of the main downward trend in the medium and short terms.
Therefore we expect the stock to return lower, as long as the resistance of 14.02 holds on, targeting the support of 12.09.
Thanks for your feedback.
Cisco resumes decline - Analysis - 28-03-2018
Cisco Systems' stock (CSCO) returned lower in the intraday levels, recording a loss of 3.13% in the last session, or 1.38 points, as the stock tries to garner momentum to help it rise anew, amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.
MoreIntel tries to garner momentum - Analysis - 28-03-2018
Intel's stock (INTC) fell in the intraday levels, recording a loss of 2.46% in the last session, or 1.29 points, as the stock tries to gather momentum to help it rise anew, amid positive pressure from the 50-day SMA, with the dominance of the main upward short-term trend, coupled with positive signals from the RSI.
MoreMicron tumbles amid negative pressures - Analysis - 28-03-2018
Micron Technology's stock (MU) fell in the intraday levels, recording a loss of 5.69% in the last session, or 3.16 points, as the stock seeks a bottom to bounce it higher anew, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, while the RSI reached extremely oversold levels compared to the stock's movements.
More