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Microsoft tries to recoup losses - Analysis - 17-11-2017
Microsoft's stock (MSFT) returned in the intraday levels, scoring a profit of 0.27% in the last session, or 0.22 points, with positive support from the 50-day SMA, coupled 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, hinting at a positive divergence in the Stochastic indicator as shown below the attached chart.
Therefore we expect more gains for the stock, as long as the support of 79.34 holds on, targeting the resistance of 86.91.
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PayPal pierces current resistance - Analysis - 17-11-2017
PayPal Holdings' stock (PYPL) spiked in the intraday levels, scoring a profit of 5.82% in the last session, or 4.27 points, as the stock pierced the resistance of 75.20, while a positive divergence formed in the Stochastic indicator as shown below the attached chart, with the complete dominance of the main upward trend in the medium and short terms, coupled with positive support from the 50-day SMA.
MoreFacebook regains footing - Analysis - 17-11-2017
Facebook's stock (FB) rose anew in the intraday levels, scoring a profit of 0.92% in the last session, or 1.64 points, with the dominance of the main upward trend in the medium and short terms, coupled with positive support from the 50-day SMA.
MoreCity Group touches SMA resistance - Analysis - 17-11-2017
City Group's stock (C) fell in the intraday levels, recording a minute loss of 0.08% in the last session, or 0.06 points, after touching the resistance of the 50-day SMA, while the RSI reached extremely oversold levels compared to the stock's movement, with the dominance of the main upward trend in the medium and short terms.
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