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Intel collects profits - Analysis - 11-01-2021
Intel's stock (INTC) fell in the intraday levels on profit-taking while gathering momentum to help it rise anew, as it vents off overbought saturation in the RSI, with positive support from the 50-day SMA, while hurt by piercing the main downward trend line recently.
Therefore we expect the stock to return higher, targeting the resistance of 55.70, provided the support of 48.71 holds on.
Expected trend for today: Bullish
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Microsoft surrounded with positive signals - Analysis - 11-01-2021
Microsoft's stock (MSFT) rose 0.61% in the last session after leaning on the main upward medium-term trend line, while also leaning on the support of the 50-day SMA, with positive signals from the RSI after reaching oversold levels, hinting at positive divergence.
MoreNvidia strives to shake off negative pressure - Analysis - 11-01-2021
Nvidia's stock slid 0.50% in the last session while shaking off negative pressure from the 50-day SMA, amid the dominance of the main upward trend in the long term, coupled with positive signals from the RSI.
MorePayPal widens gains - Analysis - 11-01-2021
PayPal Holdings' stock (PYPL) rose 3.16% in the last session amid the complete dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.
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