Snap surges - Analysis - 28-04-2023

Qualcomm Incorporated's stock (QCOM) kept falling in the intraday levels amid negative pressure from the 50-day SMA, and amid the dominance of the main downward trend in the medium term, while the stock is hurt by piercing the upward correctional trend line previously in the short term, with negative signals from the RSI despite reaching oversold levels, marking a loss of 0.21% in the last session, or 24 cents, and settling at 113.92.

Walgreens Boots Alliance's stock (WBA) rose in the intraday levels, while venting off oversold saturation in the RSI after reaching oversold levels, marking a cautious profit of 0.83% in the last session, or 29 cents, and settling at 35.10, while touching the resistance of the 50-day SMA, as it also trades alongside the main downward medium-term trend line.

Harley Davidson's stock (HOG) fell in the intraday levels, leaning on the support of 34.00, and lending the stock positive momentum that helped trim the losses to 0.38% in the last session, or 14 cents, while settling at 36.76, as the stock is hurt by piercing the upward short-term trend line previously, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.