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Nike climbs for second straight session - Analysis - 19-01-2018
Nike's stock (NKE) rose anew in the intraday levels, scoring a profit of 0.47% in the last session, or 0.30 points, while trading within an ascending short-term price channel as shown in the attached chart, with positive pressure from the 50-day SMA, readying thereafter to attack the resistance of 65.19.
Therefore we expect more gains for the stock, provided the resistance of 65.19 was breached, targeting the next one at 68.19.
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SiriusXM regains footing - Analysis - 19-01-2018
Sirius XM Holdings' stock (SIRI) rose in the intraday levels, scoring a profit of 0.55% in the last session, or 0.03 points, after the important support of 5.42 held on, coinciding with leaning on the support of the 50-day SMA, amid the dominance of the main upward medium-term trend.
MoreSteel gathers momentum - Analysis - 19-01-2018
US Steel Corporation's stock (X) fell in the intraday levels, recording a loss of 0.71% in the last session, or 0.28 points, as the stock tries to gather momentum to help it rise anew, amid the dominance of the main upward short-term trend, with positive support from the 50-period SMA in the intraday levels, while the RSI reached extremely oversold levels compared to the stock's movement.
MoreAmazon tries to vent off overbought saturation - Analysis - 19-01-2018
Amazon's stock (AMZN) dipped in the short-term trading, registering a new loss of 0.13% in the last session, or 1.68 points, as traders collect recent short-term profits, while the stock gathers momentum to help it rise anew, by venting off overbought saturation in the Relative Strength Index, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA.
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