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MasterCard muscles up - Analysis - 18-03-2019

Economies.com
2019-03-18 13:00PM UTC

MasterCard's stock rose 0.72% in the last session, amid the complete dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, as long as the support of 225.35 holds on, targeting the resistance of 239.69. 

 

Expected trend for today: Bullish 

Micron returns higher - Analysis - 18-03-2019

Economies.com
2019-03-18 13:00PM UTC

Micron Technology's stock rose 0.38% in the last session while leaning on the 50-day SMA support, amid the dominance of the upward correctional wave in the short term, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, as long as the support of 37.45 holds on, targeting the resistance of 43.99. 

 

Expected trend for today: Bullish 

Steel amid negative outlook - Analysis - 18-03-2019

Economies.com
2019-03-18 12:59PM UTC

US Steel Corporation's stock fell 0.61% in the last session, while trading alongside the downward trend line in the medium and short terms, with negative pressure from the 50-day SMA, countered by positive signals from the RSI while venting off oversold saturation in the RSI. 

 

Therefore we expect more losses for the stock, targeting the pivotal support of 17.09, as long as the resistance of 21.90 holds on. 

 

Expected trend for today: Bearish  

Amazon surrounded with positive signals - Analysis - 18-03-2019

Economies.com
2019-03-18 12:59PM UTC

Amazon's stock rose 0.19% in the last session while buoyed by exiting a descending price channel that guided recent short-term trading, with positive support from the 50-day SMA, coupled with positive signals from the RSI, tackling the resistance of 1716.20. 

 

Therefore we expect more gains for the stock, especially if the resistance of 1716.20 was breached, targeting the next one at 1845.00. 

 

Expected trend for today: Bullish