Hewlett-Packard amid positive outlook - Analysis - 19-10-2017

AT&T's stock (T) fell in the intraday levels, recording a loss of 1.44% in the last session, or 0.52 points, and settling back below the support of 35.91, which represents the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the medium term (from 30.97 to 43.89), with negative pressure from the 50-day SMA, while the RSI reached extremely oversold levels.

JPMorgan & Chase's stock (JPM) rose in the intraday levels, scoring a profit of 0.38% in the last session, or 0.37 points, as the stock settles above the resistance of 97.29, with the dominance of the main upward trend in the medium and short terms, coupled with positive support from the 50-period SMA in the intraday levels, and with positive signals from the RSI.

Boeing's stock (BA) returned higher in the intraday levels, scoring a profit of 0.55% in the last session, or 1.42 points, with positive support from the 50-period SMA in the intraday levels, coupled with the dominance of the main upward short-term trend, while the RSI reached extremely oversold levels compared to the stock's movement.