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Intel surges - Analysis - 30-11-2023

Economies.com
2023-11-30 12:33PM UTC

Intel Corporation's stock (INTC) rose in the intraday levels, amid the dominance of the upward correctional trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after venting off overbought saturation.

 

Therefore we expect more gains for the stock, targeting the resistance of 47.90, provided the support of 40.10 holds on.

 

Expected trend for today: Bullish 

Chevron emits more negative signals - Analysis - 30-11-2023

Economies.com
2023-11-30 12:33PM UTC

Chevron Corporation's stock (CVX) fell in the intraday levels, amid the dominance of the downward correctional trend in the medium term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels compared to the stock's movements, doubling negative pressures.

 

Therefore we expect more losses for the stock, targeting the pivotal support of 132.54, provided the resistance of 150.35 holds its ground. 

 

Expected trend for today: Bearish 

 

 

 

ETSY pierces downward trend line - Analysis - 30-11-2023

Economies.com
2023-11-30 12:32PM UTC

ETSY's stock rose in the intraday levels, confirming the breach of the main downward trend line in the short term, while trading above 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 resistance of 102.80, provided the resistance of 80.44 was breached. 

 

Expected trend for today: Bullish 

Dollar General extends gains - Analysis - 30-11-2023

Economies.com
2023-11-30 12:32PM UTC

Dollar General Corporation's stock (DG) kept rising in the intraday levels, amid the dominance of the upward correctional wave in the short term, while buoyed by piercing the downward secondary trend line previously in the short term, with positive pressure from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels.

 

Therefore we expect more gains for the stock, targeting the first resistance at 139.12, provided it settles above 117.63. 

 

Expected trend for today: Bullish