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JPMorgan turns gains into losses - Analysis - 22-01-2018
JPMogan & Chase's stock (JPM) fell in the intraday levels, recording a loss of 0.22% in the last session, or 0.25 points, after hitting an intraday high at 114.34, bouncing off it lower and turning the gains into losses, while still confirming the breach of the 112.83 resistance, with positive pressure from the 50-day SMA, coupled with the dominance of the main upward trend in the medium and short terms.
Therefore we expect the stock to return higher, targeting the resistance of 115.99, as long as it settles above 112.83.
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Boeing dips on profit-taking - Analysis - 22-01-2018
Boeing's stock (BA) fell anew in the intraday levels, recording a loss of 0.71% in the last session, or 2.43 points, as traders collect profits, while the stock gathers momentum to help it rise anew, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms.
MoreAlibaba tries to gather momentum - Analysis - 22-01-2018
Chinese Alibaba's stock (BABA) fell in the intraday levels, recording a loss of 0.19% in the last session, or 0.35 points, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, as the stock tries to gather momentum to help it rise anew.
MoreeBay resumes decline - Analysis - 22-01-2018
eBay's stock (EBAY) returned lower in the intraday levels, recording a loss of 0.80% in the last session, or 0.31 points, as the stock tries to gather momentum to help it rise anew, while trading within an ascending short-term price channel, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
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