Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

Nvidia stalls - Analysis - 10-06-2021

Economies.com
2021-06-10 10:28AM UTC

Nvidia's stock fell 0.57% in the last session on profit taking, while gathering momentum to help it rise anew, as it vented off overbought saturation in the RSI, with the dominance of the main upward medium-term trend, coupled with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher and target the resistance of 718.35. 

 

Expected trend for today: Bullish 

PayPal surrounded with positive pressures - Analysis - 10-06-2021

Economies.com
2021-06-10 10:28AM UTC

PayPal Holdings' stock (PYPL) rose 0.17% in the last session amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium term, coupled with positive signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the first resistance at 277.20, provided the support of 254.36 holds on. 

 

Expected trend for today: Bullish 

Starbucks clings to upside trend - Analysis - 10-06-2021

Economies.com
2021-06-10 10:27AM UTC

Starbucks' stock fell 0.12% in the last session amid negative pressure from the 50-day SMA, while still leaning on the main upward medium-term trend, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 118.60. 

 

Expected trend for today: Bullish 

Midday update for Soybean price 10-06-2021

Economies.com
2021-06-10 09:18AM UTC

Soybean price shows positive trades now to start testing 1496.50 level, and the price needs to surpass this level to confirm the continuation of the bullish wave to reach 1525.50 as a next main target.

 

Therefore, our bullish overview will remain valid and active conditioned by the price stability above 1467.40.

 

The expected trading range for today is between 1475.00 support and 1510.00 resistance.

 

The expected trend for today: Bullish