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JPMorgan exhausts positive chances - Analysis - 22-10-2018
JPMorgan & Chase's stock fell in the intraday levels while leaning on the main upward medium-term trend line as shown in the attached chart, recording a loss of 0.17% in the last session, or 0.18 points, with positive signals from the RSI after reaching oversold levels, countered with negative pressure from the 50-day SMA.
Therefore we expect the stock to return higher, provided the support of 106.32 holds on, targeting the resistance of 112.97.
Expected trend for today: Likely Bullish
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Boeing seeks a bottom to boost it - Analysis - 22-10-2018
Boeing's stock traded alongside the main upward trend line in the medium and short terms, while seeking a bottom to bounce it higher anew, recording a loss of 0.86%, or 3.09 points, while a positive divergence formed in the Stochastic indicator as shown below the attached chart.
MoreeBay in a free fall - Analysis - 22-10-2018
eBay's stock gave up ground and breached the support of 31.28, representing the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the medium term (from 21.52 to 47.07), with negative pressure from the 50-day SMA, coupled with a surge in trading volumes.
MoreAlibaba climbs within negative zone - Analysis - 22-10-2018
Chinese Alibaba's stock steadied below the resistance of 148.85, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the medium term (from 86.01 to 211.70), and scoring a profit of 0.64%, or 0.91 points, with negative pressure from the 50-day SMA.
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