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IBM rises in volatile session - Analysis - 11-03-2020
IBM's stock powered up 5.91% in the last session, amid the dominance of the downward short-term trend, while hurt by piercing the main upward trend line in the long term, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the support of 111.55.
Expected trend for today: Bearish
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Hewlett-Packard muscles through negative pressures - Analysis - 11-03-2020
Hewlett-Packard's stock rallied 4.38% in the last session while hurt by exiting an ascending price channel recently, amid negative signals from the RSI, coupled with negative pressure from the 50-day SMA.
MoreMidday update for Wheat price 11-03-2020
Wheat price faces negative pressure to break 520.30 level and settles below it now, which turns the intraday track to decline, on its way to head towards 503.70 that represents the first negative target.
MoreMidday update for Sugar price 11-03-2020
Sugar price tests 12.44 level, which urges caution from the upcoming trading, as breaking this level will stop the suggested positive scenario on the intraday basis and presses on the price to suffer more short term losses, while the main target of the expected intraday bullish wave located at 12.99.
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