JPMorgan & Chase's stock (JPM) rose in the intraday levels, scoring a profit of 0.29% in the last session, or 0.28 points, with a positive divergences forming in the Stochastic indicator as shown below the attached chart, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, as long as the support of 97.29 holds on, targeting the resistance of 101.67.
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Boeing's stock (BA) rose modestly in the intraday levels, scoring a profit of 0.32% in the last session, or 0.84 points, with positive support from the 50-day SMA, coupled with the dominance of the main upward trend in the medium and short terms, in addition to positive signals from the Relative Strength Index.
MoreChinese Alibaba's stock (BABA) surged in the intraday levels, scoring a profit of 2.18% in the last session, or 3.95 points, and settling anew above the resistance of 184.53, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA.
MoreeBay's stock (EBAY) rose in the intraday levels, scoring a profit of 0.91% in the last session, or 0.32 points, amid negative pressure from the 50-day SMA, while the stock gets hurt by piercing the main upward medium-term trend line, countered with negative signals from the Relative Strength Index.
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