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Starbucks spikes - Analysis - 07-04-2021

Economies.com
2021-04-07 12:15PM UTC

Starbucks' stock (SBUX) rallied 1.92% in the last session, piercing the resistance of 112.25 amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium term, countered with negative signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the first resistance at 117.35, provided it holds above 112.25. 

 

Expected trend for today: Bullish 

American International Group gathers positive momentum - Analysis - 07-04-2021

Economies.com
2021-04-07 12:14PM UTC

American International Group's stock (AIG) fell 0.19% in the last session amid negative signals from the RSI, with the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA, while the stock gathers positive momentum to bolster it higher. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 48.88.

 

Expected trend for today: Bullish 

Boeing tries to vent off overbought saturation - Analysis - 07-04-2021

Economies.com
2021-04-07 12:13PM UTC

Boeing's stock (BA) fell 1.62% in the last session while gathering positive momentum and venting off overbought saturation in the RSI, as the stock trades alongside the upward short-term trend line, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher and target the important resistance of 278.25, provided it holds above 253.60. 

 

Expected trend for today: Bullish 

Bank of America driven lower by current resistance - Analysis - 07-04-2021

Economies.com
2021-04-07 12:13PM UTC

Bank of America's stock (BAC) fell in the intraday levels after the resistance of 39.90 held on, while gathering momentum and venting off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 42.00, provided the resistance of 39.90 was breached.

 

Expected trend for today: Bullish