|
Micron tumbles amid negative pressures - Analysis - 28-03-2018
Micron Technology's stock (MU) fell in the intraday levels, recording a loss of 5.69% in the last session, or 3.16 points, as the stock seeks a bottom to bounce it higher anew, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, while the RSI reached extremely oversold levels compared to the stock's movements.
Therefore we expect the stock to return higher, as long as the support of 49.85 holds on, targeting the resistance of 63.42.
Thanks for your feedback.
MasterCard leans anew on SMA support - Analysis - 28-03-2018
MasterCard's stock (MA) fell in the intraday levels, registering a loss of 2.62%, or 4.65 points, amid the dominance of the main upward trend in the medium and short terms, while the RSI reached extremely oversold levels compared to the stock's movements, leaning thereafter on the support of 50-day SMA.
MoreAmazon exposed to negative pressure - Analysis - 28-03-2018
Amazon's stock (AMZN) tumbled in the intraday levels, registering a loss of 3.78% in the last session, or 58.81 points, and trespassing the support of the 50-day SMA, exposing to negative pressure, while also piercing the support of 1498.00, embarking on a descending correctional journey that could take some time.
MoreSteel corrects main upward trend - Analysis - 28-03-2018
US Steel Corporation's stock (X) fell in the intraday levels, recording a loss of 4.89% in the last session, or 1.73 points, amid the dominance of the descending correctional short-term wave, with negative pressure from the 50-day SMA, countered with the dominance of the main upward medium-term trend, with positive signals from the Relative Strength Index after reaching extremely oversold levels.
More