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Intel stays flat - Analysis - 10-06-2021

Economies.com
2021-06-10 10:29AM UTC

Intel's stock (INTC) closed flat in the intraday levels while steadying below the resistance of 58.95, representing the ratio 38.2% of Fibonacci retracement levels fore an ascending wave in the short term (from 43.59 to 68.37), with negative pressure from the 50-day SMA, countered with positive signals from the RSI.

 

Therefore we expect the stock to decline and potentially pierce the support of 56.00, targeting the next support at 53.11, representing  the ratio 61.8% of the same retracement levels. 

 

Expected trend for today: Bearish 

Microsoft returns higher - Analysis - 10-06-2021

Economies.com
2021-06-10 10:29AM UTC

Microsoft's stock (MSFT) returned higher with a 0.40% profit amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 263.00, provided the support of 246.32 holds on.

 

Expected trend for today: Bullish 

Nvidia stalls - Analysis - 10-06-2021

Economies.com
2021-06-10 10:28AM UTC

Nvidia's stock fell 0.57% in the last session on profit taking, while gathering momentum to help it rise anew, as it vented off overbought saturation in the RSI, with the dominance of the main upward medium-term trend, coupled with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher and target the resistance of 718.35. 

 

Expected trend for today: Bullish 

PayPal surrounded with positive pressures - Analysis - 10-06-2021

Economies.com
2021-06-10 10:28AM UTC

PayPal Holdings' stock (PYPL) rose 0.17% in the last session amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium term, coupled with positive signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the first resistance at 277.20, provided the support of 254.36 holds on. 

 

Expected trend for today: Bullish