PayPal breaches upward trend line - Analysis - 29-03-2018

Facebook's stock (FB) rose in the intraday levels, scoring a profit of 0.53% in the last session, or 0.81 points, as the stock tries to vent off oversold saturation in the RSI and recoup some earlier losses, amid negative pressure from the 50-day SMA, while getting hurt by exiting an ascending price channel that guided recent short-term trading.

City Group's stock (C) fell in the intraday levels, registering a new loss of 0.03%, or 0.02 points, while getting hurt by piercing the main upward trend line recently in the short term, with negative pressure from the 50-day SMA.

General Motors' stock (GM) rose in the intraday levels, scoring a profit of 1.72% in the last session, or 0.60 points, amid negative pressure from the 50-day SMA, while settling below the resistance of 35.69, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the medium term (from 24.62 to 46.76), as the stock tries to recoup some past losses.