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General Motors seeks a bottom to boost it - Analysis - 19-01-2018
General Motors' stock (GM) fell in the intraday levels, recording a loss of 0.39% in the last session, or 0.17 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.
Therefore we expect the stock to return higher, as long as the support of 42.78 holds on, targeting the pivotal resistance of 46.67.
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City Group driven lower by important resistance - Analysis - 19-01-2018
City Group's stock (C) fell in the intraday levels, recording a small loss of 0.10% in the last session, or 0.08 points, after the resistance of 77.92 held on, in an attempt 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.
MoreFacebook returns higher - Analysis - 19-01-2018
Facebook's stock (FB) returned higher in the intraday levels, scoring a profit of 1.24% in the last session, or 2.20 points, after leaning on the support of the main upward short-term trend line as shown in the attached chart, while the RSI reached extremely oversold levels compared to the stock's upward movement.
MorePayPal muscles up - Analysis - 19-01-2018
PayPal Holdings' stock (PYPL) kept rising in the intraday levels, scoring a fresh profit of 0.57% in the last session, or 0.47 points, amid the dominance of the main upward short-term trend, with positive support from the 50-day SMA, countered with the Relative Strength Index reaching overbought levels.
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