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Nike attacks pivotal resistance - Analysis - 18-04-2019

Economies.com
2019-04-18 13:40PM UTC

Nike's stock kept rising in the short term, attacking the pivotal resistance of 88.59, with positive pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms, while the RSI reached overbought levels. 

 

Therefore we expect more gains for the stock, especially if the resistance of 88.59 was breached, targeting the next one at 90.66. 

 

Expected trend for today: Bullish 

Sirius XM tries to pierce downward trend line - Analysis - 18-04-2019

Economies.com
2019-04-18 13:45PM UTC

Sirius XM Holdings' stock tried to breach the main downward trend line in the medium term, with positive support from the 50-day SMA, while settling above the support of 5.95, as it vented off overbought saturation in the RSI. 

 

Therefore we expect more gains for the stock, as long as it settles above 5.95, targeting the first resistance at 6.18. 

 

Expected trend for today: Bullish 

Johnson & Johnson surrounded with positive signals - Analysis - 18-04-2019

Economies.com
2019-04-18 13:41PM UTC

Johnson & Johnson's stock rose while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI, tackling the resistance of 140.0. 

 

Therefore we expect more gains for the stock, especially if the resistance of 140.0 was breached, targeting the next one at 143.13. 

 

Expected trend for today: Bullish 

Midday update for Ethereum 18-04-2019

Economies.com
2019-04-18 10:03AM UTC

Ethereum price keeps its stability above 170.76 level, to keep the bullish trend suggested for today, supported by moving above the EMA50, waiting to visit 191.50 level mainly, noting that breaking 170.76 and trading below it again will reactivate the bearish trend scenario that its next target located at 154.00.

 

The expected trading range for today is between 160.00 support and 190.00 resistance

The expected trend for today: Bullish