Shares of LinkedIn ended Thursday’s trading flat (0.0 point) or (0.0%) of the previous closure, to trade again above 190.55 level again falling from 192.00 resistance,  comes after trading below 192.00 level ahead the support level of 190.55, to take the needed support and rise again facing 192.00 resistance, also after passing the previous resistance zone between   192.00 and 183.00 for the long periods, where the price faced during the previous trades the SMAs resistance that pushed it to the intraday decline, then to rise again to pass 190.55 level and finally passing 192.00 resistance.

And with observing the price it shows the formation of a new bottom around 189.20, which the price reflected during Friday trades from it to continue the rise reaching 192.00 resistance.

Generally; the price was able to trade back above 190.55 level, as holding above this level will lead the price to retest again 192.00 level, but trading below 190.55 will push down the price ahead 189.20 support.

JPMorgan shares ended the trades on Thursday lower by (-0.09 point) or (-0.13%) of the previous closure affected by facing the SMA 50 after falling from the resistance level 69.00 after it succeeded to Pass the resistance 65.58 after holding above 63.60 level and the support of SMA 50 which keeps providing the positive support for the price.

 comes after a bullish movement came after falling to pass the level   61.65 that represents 61.8% correction level for the previous decline to face the support level 60.80 represented by 50% correction level.

Generally; the continuation of the current rise requires the stability above 69.00 which will push the price ahead the next resistance 73.45, but the holding back below 69.00  may push down the price to retest 65.58 support. 

JOHNSON & JOHNSON shares ended the trading on Thursday higher by (0.28 point) or (0.24%) of the previous closure, below the resistance level 115.00 after the resistance level 119.00 pushed down the price ahead 117.50 support as the lowest recorded level during the previous week, to rebound again around 119.00 resistance repeating the same previous movement forming a bearish channel for the medium terms, but soon it exacerbate the decline to break the pace of this bearish channel.

The sharp bearish move the price showed during the previous trades shows the domination of the selling movement on the shares price, supported by the SMAs 50 and 100 that supported the price passing for the supports ending with facing 115.00 current support.

Generally; holding above 115.00 level will push the price ahead the support level 113.75, but trading above 115.00 will lead the price to retest 116.50 level.

Intel shares closed Thursday’s trading lower by (-0.08 point) or (-0.23%) of the previous closure, falling from 37.70 level and below SMAs 50 and 100, to face the important support zone between 35.00 and 35.30 levels.

The current support area that stopped the price’s decline during the previous trades will determine the price’s upcoming trend, as this area was the start point for the previous bullish movement that approached 38.60 resistance, also the stochastic indicator shows oversold, which adds a further support that prevents the current decline to be continued.

Generally; the stability of the price above 35.00 level will bring back the bullish moves for the price that will start targeting 36.30 resistance then 37.00, but holding below 35.00 will clear the way for a further decline that will target 33.90 support level initially.