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Gilead leans on important support - Analysis - 22-02-2021

Economies.com
2021-02-22 11:47AM UTC

Gilead's stock (GILD) returned lower with a 1.32% loss in the last session, leaning on the pivotal support of 64.55, amid the dominance of the upward short-term trend, with support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect the stock to return higher, targeting the resistance of 68.30, provided the support of 64.55 holds on.

 

Expected trend for today: Bullish 

AMD clings to upside trend - Analysis - 22-02-2021

Economies.com
2021-02-22 11:46AM UTC

AMD's stock rallied 1.06% in the last session after leaning on the support of the main upward medium-term trend line, with negative pressure from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 97.96, provided the support of 88.98 holds on. 

 

Expected trend for today: Bullish 

Amazon returns lower - Analysis - 22-02-2021

Economies.com
2021-02-22 11:45AM UTC

Amazon's stock returned lower with a 2.35% loss in the last session, while gathering momentum to help it rise anew, as it leans on the 50-day SMA and the main upward trend line in the medium term. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 3,491. 

 

Expected trend for today: Bullish 

Pfizer suffers from negative pressures - Analysis - 22-02-2021

Economies.com
2021-02-22 11:42AM UTC

Pfizer's stock (PFE) fell 0.35% in the last session while trading below the resistance of 35.46, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the medium term (from 27.90 to 43.01), with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.

 

Therefore we expect more losses for the stock, targeting the next support at 33.69, representing the ratio 61.8% of the same retracement levels. 

 

Expected trend for today: Bearish