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Manchester United driven lower by current resistance - Analysis - 24-01-2023

Economies.com
2023-01-24 12:09PM UTC

Manchester United's stock (MANU) fell in the intraday levels after the resistance of 23.35, as traders collect profits while the stock gathers momentum to rise anew, amid the dominance of the main upward short-term trend, with positive signals from the RSI after reaching oversold levels, with positive pressure from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the resistance of 25.30, provided the resistance of 23.35 was breached. 

 

Expected trend for today: Bullish

Hewlett-Packard pierces downward trend line - Analysis - 24-01-2023

Economies.com
2023-01-24 12:08PM UTC

Hewlett-Packard's stock (HPQ) rose in the intraday levels, managing to pierce the downward short-term trend line, while shaking off negative pressure from the 50-day SMA, with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the resistance of 31.09, provided it settles above 27.87. 

 

Expected trend for today: Bullish

 

Oracle rises alongside upward correctional trend line - Analysis - 24-01-2023

Economies.com
2023-01-24 12:08PM UTC

Oracle's stock (ORCL) rose in the intraday levels, while trading alongside the upward correctional short-term trend line, with positive pressure from the 50-day SMA, countered by negative signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the resistance of 91.78, provided the support of 84.50 holds on.

 

Expected trend for today: Bullish

 

 

 

Dollar Tree rallies - Analysis - 24-01-2023

Economies.com
2023-01-24 12:07PM UTC

Dollar Tree's stock (DLTR) rose in the intraday levels, shaking off negative pressure from the 50-day SMA, amid the dominance of the upward medium-term trend, with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the resistance of 163.78, provided it settles above 144.77. 

 

Expected trend for today: Bullish