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Symantec widens gains - Analysis - 19-08-2019

Economies.com
2019-08-19 14:57PM UTC

Symantec's stock rose in the short term, piercing the resistance of 23.50, amid the dominance of the upward trend in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI after reaching overbought levels. 

 

Therefore we expect more gains for the stock, as long as it settles above 23.50, targeting the resistance of 24.85. 

 

Expected trend for today: Bullish  

General Electric tries to recoup some losses - Analysis - 19-08-2019

Economies.com
2019-08-19 14:59PM UTC

General Electric's stock rose in an attempt to recoup some past losses, with positive signals from the RSI, amid the dominance of the main downward trend in the medium term, while hurt by piercing the upward trend line recently in the short term, with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to return lower, as long as the resistance of 9.31 holds on, targeting the support of 7.72 anew. 

 

Expected trend for today: Bearish 

Intel inches up - Analysis - 19-08-2019

Economies.com
2019-08-19 14:59PM UTC

Intel's stock rose in the intraday levels amid positive signals from the RSI, with the dominance of the downward trend in the medium term, with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to return lower, targeting the support of 45.52, with a chance of piercing the resistance of 48.44. 

 

Expected trend for today: Bullish  

General Motors trims gains - Analysis - 19-08-2019

Economies.com
2019-08-19 14:58PM UTC

General Motors' stock hit a session-high at 37.57 before bouncing off it lower, while venting off oversold saturation in the RSI and suffering negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to rise and retest the resistance of 38.27 before potentially bouncing down and targeting the support of 36.12. 

 

Expected trend for today: Bullish