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LinkedIn keeps fluctuating above the support - analysis 17-10-2016

Economies.com
2016-10-17 16:01PM UTC

Shares of LinkedIn ended Friday’s trading higher by (0.18 point) or (0.09%) 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.

McDonald's ended the week’s trading negatively – analysis 17-10-2016

Economies.com
2016-10-17 16:00PM UTC

McDonald's shares ended Friday’s trading lower by (-1.32 point) or (-1.14%) of the previous closure facing the support 112.90 level, comes after falling below 120.35 level ahead the next support 116.00, comes after trading above 120.35 level resistance as the lowest level recorded the week before and reaching below 124.80, coinciding with engaging SMAs 50 and 100, where this rebound came after reaching the support zone between 116.00 and 112.90, after its sideway trades below 124.80 resistance level, after passing the level 124.80, as this level contributed the bullish direction for the previous medium and long trades, also coincides with breaching the channel’s support shown above during the current trades, comes after the price formed a support at 116.00 level, with the continuous support from the SMA 50 and 100.

 

 

Holding below 124.80 level pushed the price to decline to retest the support level of 112.90 as the channel’s final target.

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Generally; the price was able to pass 116.00 support to 112.90 level, as trading above this level may push the price to retest again 116.00 level, but trading below 112.90 support will lead the price to target the next support at 105.00.

Yahoo chalks up another loss - Analysis - 17-10-2016

Economies.com
2016-10-17 13:04PM UTC

Yahoo's stock fell in the short term trading, registering a new loss of 0.43% in the last session, or 0.18 points, amid ongoing negative pressure from the SMA for the last 50 days period, while being hurt by breaching a main upward short-term trend line. 

 

Therefore we expect more losses to come for the stock, targeting the support of 39.38. 

Morgan Stanley buoyed by a pivotal support - Analysis - 17-10-2016

Economies.com
2016-10-17 13:02PM UTC

Morgan Stanley's stock rose in the intraday levels, scoring a profit of 1.07% in the last session, or 0.34 points, after the pivotal support of 31.10 held on, representing the ratio 50% of Fibonacci retracement levels for a descending wave in the short term (from 41.04 to 21.16), with ongoing positive support from the SMA for the last 50 days period. 

 

Therefore we expect more gains to come for the stock, targeting the resistance of 33.44, which represents the ratio 61.8% of the same retracement levels, as long as the support of 31.10 holds on.