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PayPal pierces current resistance - Analysis - 17-11-2017
PayPal Holdings' stock (PYPL) spiked in the intraday levels, scoring a profit of 5.82% in the last session, or 4.27 points, as the stock pierced the resistance of 75.20, while a positive divergence formed in the Stochastic indicator as shown below the attached chart, with the complete dominance of the main upward trend in the medium and short terms, coupled with positive support from the 50-day SMA.
Therefore we expect more gains for the stock, as long as it settles above 75.20, targeting the resistance of 80.57.
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Facebook regains footing - Analysis - 17-11-2017
Facebook's stock (FB) rose anew in the intraday levels, scoring a profit of 0.92% in the last session, or 1.64 points, with the dominance of the main upward trend in the medium and short terms, coupled with positive support from the 50-day SMA.
MoreCity Group touches SMA resistance - Analysis - 17-11-2017
City Group's stock (C) fell in the intraday levels, recording a minute loss of 0.08% in the last session, or 0.06 points, after touching the resistance of the 50-day SMA, while the RSI reached extremely oversold levels compared to the stock's movement, with the dominance of the main upward trend in the medium and short terms.
MoreGeneral Motors surrounded with positive signals - Analysis - 17-11-2017
General Motors' stock (GM) rose in the intraday levels, scoring a new profit of 1.73% in the last session, or 0.74 points, with positive support from the 50-day SMA, coupled with positive signals from the Relative Strength Index, amid the dominance of the main upward trend in the medium and short terms.
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