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Illumina trapped in a hesitant place - Analysis - 21-10-2022
Illumina's stock (ILMN) gained ground in the last session, supported by trading above the 50-day SMA, with positive signals from the RSI, however, the main downward medium-term trend remains dominant.
Therefore we expect the stock to return lower, targeting the pivotal support of 173.45, provided the resistance of 224.28 holds on.
Expected trend for today: Bearish
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Honeywell suffers from negative pressures - Analysis - 21-10-2022
Honeywell's stock (HON) fell in the intraday levels amid negative pressure from the 50-day SMA, amid the dominance of the main downward trend in the medium term, with negative signals from the RSI after reaching overbought levels.
MoreWestern Digital rises in a volatile session - Analysis - 21-10-2022
Western Digital's stock (WDC) rose in the last session amid negative pressure from the 50-day SMA, with the dominance of the main downward trend in the medium and short terms, coupled with negative signals from the RSI, in at attempt to regain past losses.
MoreMidday update for Brent oil 21-10-2022
Brent oil price resumes its negative trading clearly to move below 92.00 barrier, reinforcing the expectations of continuing the bearish trend for the rest of the day, waiting for more decline to visit 90.00 followed by 86.30 levels that represent our main targets, reminding you that holding below 93.73 is important to achieve the suggested targets.
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