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Starbucks parks at pivotal support - Analysis - 25-03-2021

Economies.com
2021-03-25 12:00PM UTC

Starbucks' stock (SBUX) fell 1.20% in the last session, while gathering positive momentum to help it recover anew, while leaning on the support of the 50-day SMA, as it also leaned on the main upward medium-term trend line, as the RSI reached oversold levels compared to the stock's movements. 

 

Therefore we expect the stock to return higher, targeting the important resistance of 112.25 anew. 

 

Expected trend for today: Bullish 

American International Group seeks a bottom to bounce it higher - Analysis - 25-03-2021

Economies.com
2021-03-25 11:59AM UTC

American International Group's stock (AIG) rose 0.02% in the last session while seeking a bottom to bounce it higher, amid the dominance of the upward medium-term trend, with positive pressure from the 50-day SMA as the RSI reached oversold levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 48.85. 

 

Expected trend for today: Bullish 

Boeing sharpens decline - Analysis - 25-03-2021

Economies.com
2021-03-25 11:59AM UTC

\Boeing's stock (BA) kept falling with 0.83% in the last session, while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA, as the RSI reached oversold levels, while the stock gathers momentum to help it rise anew 

 

Therefore we expect the stock to return higher, targeting the first resistance at 253.60, provided the support of 234.00 holds on.

 

Expected trend for today: Bullish 

Midday update for Wheat price 25-03-2021

Economies.com
2021-03-25 10:02AM UTC

Wheat price shows more decline to touch our waited target at 614.60 and start pressing on it in attempt to break it, to support the expectations of extending the bearish wave in the upcoming period, reminding you that our next target reaches 596.30, while the expected decline will remain valid conditions holding below 629.40.

 

The expected trading range for today is between 610.00 support and 625.00 resistance.

The expected trend for today: Bearish