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Netflix tackles ceiling of positive pattern - Analysis - 19-02-2019

Economies.com
2019-02-19 12:34PM UTC

Netflix's stock fell 0.61% in the last session, or 2.20 points, after tackling the ceiling of a positive pattern that formed in the short term, the Rising Triangle pattern, while buoyed by piercing the downward trend line recently in the short term, with positive signals from the RSI. 

 

Therefore we expect the stock to return higher, especially if the resistance of 357.22 was breached, targeting the next one at 386.11. 

 

Expected trend for today: Likely Bullish 

Alphabet gathers positive momentum - Analysis - 19-02-2019

Economies.com
2019-02-19 12:34PM UTC

Alphabets stock fell 0.72% in the last session, or 8.02 points, after the resistance of 1123.79 held on, representing the ratio 50% of Fibonacci retracement levels for a descending wave in the short term (from 1273.89 to 973.69), while gathering momentum to help it rise anew, with positive support from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect the stock to return higher, especially if the resistance of 1123.79 was breached, targeting the next one at 1159.21, which represents the ratio 61.8%. 

 

Expected trend for today: Likely Bullish 

Midday update for DashCoin 19-02-2019

Economies.com
2019-02-19 12:05PM UTC

DashCoin price tests the key support formed above 85.20 after breaching it previously, getting clear oversold signals though stochastic, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which depends on the price stability above the mentioned level, while our next target is located at 92.00.

 

The expected trading range for today is between 80.00 support and 92.00 resistance

The expected trend for today: Bullish

 

Midday update for Litecoin 19-02-2019

Economies.com
2019-02-19 12:05PM UTC

Litecoin price fluctuates near the bullish channel’s resistance, getting positive support by the EMA50, waiting to surpass this resistance to rally towards 56.45 that represents our next main target.

 

Therefore, our bullish overview will remain valid conditioned by the price stability above 42.75.

 

The expected trading range for today is between 44.00 support and 52.00 resistance

The expected trend for today: Bullish