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Procter & Gamble receives positive support - Analysis - 12-09-2023

Economies.com
2023-09-12 11:10 UTC

Procter & Gamble's stock (PG) surged in the intraday levels after leaning on the main upward trend line in the medium term, while also leaning on the support of the 50-day SMA, lending the stock some positive momentum that helped it clutch those gains, with positive signals from the RSI despite reaching overbought levels.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 158.00, provided the support of 157.30 holds on.

 

Expected trend for today: Bullish

Robinhood rises alongside downward correctional trend line - Analysis - 12-09-2023

Economies.com
2023-09-12 11:09 UTC

Robinhood's stock (HOOD) rose in the intraday levels, while trading alongside the downward correctional trend line in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.

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Spotify tries to regain footing - Analysis - 12-09-2023

Economies.com
2023-09-12 11:09 UTC

Spotify Technology's stock (SPOT) rose in the intraday levels, with positive signals from the RSI, as it also vented off overbought saturation in the RSI with negative signals out of them, coupled with positive support from the 50-day SMA, amid the dominance of the main upward medium-term trend.

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Meta Platforms shakes off negative pressure - Analysis - 12-09-2023

Economies.com
2023-09-12 11:09 UTC

Meta Platforms' stock (META) rose in the intraday levels, managing to shake off negative pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium term, with negative signals from the RSI after reaching overbought levels compared to the stock's movements, hinting at negative divergence.

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