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Netflix stalls - Analysis - 22-03-2019

Economies.com
2019-03-22 13:03PM UTC

Netflix's stock fell on profit-taking while venting off overbought saturation in the RSI, as it gathered momentum to help it rise anew and tackle the resistance of 385.00, amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA. 

 

Therefore we expect the stock to rise, especially if the resistance of 385.00 was breached, targeting the pivotal resistance of 419.44. 

 

Expected trend for today: Bullish 

Twitter confirms breaching downward trend line - Analysis - 22-03-2019

Economies.com
2019-03-22 13:03PM UTC

Twitter's stock fell 0.64% in the last session, or 0.21 points, confirming the breach of the downward medium-term trend line, while marking losses amid attempts to garner momentum to help it rise anew, while also venting off overbought saturation in the RSI, with positive support from the 50-day SMA. 

 

Therefore we expect more gains for the stock, as long as it settles above 31.81, targeting the resistance of 35.25. 

 

Expected trend for today: Bullish 

Midday update for DashCoin 22-03-2019

Economies.com
2019-03-22 11:02AM UTC

DashCoin price shows sideways trading since morning and settles below the EMA50, while stochastic enters the overbought areas now, which forms negative motive that we are waiting to push the price to resume the expected bearish trend for today, which its next main target located at 85.20, while achieving it conditions holding below 92.00.

 

The expected trading range for today is between 82.00 support and 92.00 resistance

The expected trend for today: Bearish

Midday update for Litecoin 22-03-2019

Economies.com
2019-03-22 11:02AM UTC

Litecoin price fluctuates around the EMA50, showing some slight positive attempts, but as long as the price is below 60.20, the bearish trend scenario will remain suggested for today, waiting to visit 53.20 level before any new attempt to resume the main bullish trend.

 

The expected trading range for today is between 53.20 support and 60.20 resistance

The expected trend for today: Bearish