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Microsoft chalks up another loss - Analysis - 29-03-2018
Microsoft's stock (MSFT) fell in the intraday levels, recording a new loss of 0.09% in the last session, or 0.08 points, while trading alongside the main upward short-term trend line, with positive signals from the RSI, coupled with a noticeable rise in trading volumes, as the stock tries to gather momentum to help it rise anew.
Therefore we expect the stock to return higher, targeting the resistance of 97.24, as long as the support of 87.50 holds on.
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PayPal breaches upward trend line - Analysis - 29-03-2018
PayPal Holdings' stock (PYPL) fell anew in the intraday levels, registering a new loss of 1.64% in the last session, or 1.25 points, amid negative pressure from the 50-day SMA, and piercing the main upward medium-term trend line as shown in the attached chart.
MoreFacebook tries to vent off oversold saturation - Analysis - 29-03-2018
Facebook's stock (FB) rose in the intraday levels, scoring a profit of 0.53% in the last session, or 0.81 points, as the stock tries to vent off oversold saturation in the RSI and recoup some earlier losses, amid negative pressure from the 50-day SMA, while getting hurt by exiting an ascending price channel that guided recent short-term trading.
MoreCity Group sharpens decline - Analysis - 29-03-2018
City Group's stock (C) fell in the intraday levels, registering a new loss of 0.03%, or 0.02 points, while getting hurt by piercing the main upward trend line recently in the short term, with negative pressure from the 50-day SMA.
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