Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

MasterCard stalls - Analysis - 06-03-2019

Economies.com
2019-03-06 12:50PM UTC

MasterCard's stock fell 0.03% in the last session while gathering momentum to help it rise anew, while settling above 225.35, with the complete dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, as long as it settles above 225.35, targeting the resistance of 239.69. 

 

Expected trend for today: Bullish 

Micron seeks a bottom to bolster it - Analysis - 06-03-2019

Economies.com
2019-03-06 12:50PM UTC

Micron Technology's stock fell 2.61% in the last session, or 1.07 points, while seeking a bottom to bounce it higher, as a positive divergence formed in the Stochastic indicator after reaching oversold levels, with positive pressure from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the resistance of 43.99, as long as the support of 37.45 holds on. 

 

Expected trend for today: Bullish 

Steel emits more positive signals - Analysis - 06-03-2019

Economies.com
2019-03-06 12:49PM UTC

US Steel Corporation's stock kept falling in the short term, leaning on the support of 21.75, recording another loss of 1.53%, with positive support from the 50-day SMA, while buoyed by piercing the downward trend line recently in the short term, as the RSI reached oversold levels, hinting at a positive divergence in the Stochastic indicator. 

 

Therefore we expect the stock to return higher, as long as the support of 21.75 holds on, targeting the resistance of 24.84 anew. 

 

Expected trend for today: Bullish 

Amazon garners positive momentum - Analysis - 06-03-2019

Economies.com
2019-03-06 12:49PM UTC

Amazon's stock shed 0.22% in the last session, or 3.74 points, while venting off overbought saturation in the RSI and gathering momentum to help it breach the resistance of 1716.20, while buoyed by piercing the downward price channel that guided recent short-term trading, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, especially if the resistance of 1716.20 was breached, targeting the next one a 1845.00. 

 

Expected trend for today: Bullish