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Pinterest declines amid positive pressures - Analysis - 24-01-2024
Pinterest's stock (PINS) fell in the intraday levels while gathering momentum to rise anew, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 38.63, provided the support of 35.00 holds on.
Expected trend for today: Likely Bullish
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Under Armour tries to vent off oversold saturation - Analysis - 24-01-2024
Under Armour's stock (UAA) rose in the intraday levels, with positive signals from the RSI, while trying to recoup some losses and vent off oversold saturation, with negative pressure from the 50-day SMA, amid the dominance of the downward medium-term trend.
MoreElectronic Arts returns higher - Analysis - 24-01-2024
Electronic Arts' stock (EA) returned higher in the intraday levels, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI despite settling at overbought levels.
MoreMidday update for the NZDUSD 24-01-2024
The NZDUSD pair managed to achieve our waited target at 0.6140 and finds solid resistance there, and we suggest the continuation of the bullish bias to surpass this level and open the way to achieve additional gains that reach 0.6228, to keep the bullish trend scenario valid and active for the upcoming period, noting that failing to breach 0.6140 will push the price to rebound bearishly and head to test 0.6070 areas mainly.
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