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IBM exposed to negative pressure - Analysis - 08-11-2019

Economies.com
2019-11-08 14:02PM UTC

IBM's stock fell in the intraday levels after touching the resistance of the 50-day SMA while gathering momentum and venting off overbought saturation in the RSI, amid the dominance of the main upward trend. 

 

Therefore we expect the stock to return higher, targeting the resistance of 141.17. 

 

Expected trend for today: Bullish 

AT&T hits two-year peak - Analysis - 08-11-2019

Economies.com
2019-11-08 14:02PM UTC

AT&T's stock kept rising in the short term with a 0.43% profit, parking at 39.42, 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 40.10. 

 

Expected trend for today: Bullish 

ExxonMobil returns higher - Analysis - 08-11-2019

Economies.com
2019-11-08 14:01PM UTC

ExxonMobil's stock returned higher in the intraday levels, marking a 2.13% profit and exiting a descending price channel that guided recent trading, while the RSI reached overbought levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 75.00. 

 

Expected trend for today: Bullish 

Midday update for bitcoin 08-11-2019

Economies.com
2019-11-08 10:40AM UTC

Bitcoin price traded with clear negativity to approach our first waited target at 8880.00, which supports the continuation of our expected bearish trend on the intraday and short term basis, reminding you that surpassing the mentioned level will push the price towards 8510.00 as a next station, while holding below 9255.00 represents key condition to continue the expected decline.

 

The expected trading range for today is between 8800.00 support and 9400.00 resistance

The expected trend for today: Bearish