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Twitter tries to gather positive momentum - Analysis - 19-10-2017
Twitter's stock (TWTR) fell in the intraday levels, recording a loss of 1.42% in the last session, or 0.26 points, as the stock tries to gather momentum to help it rise anew, while trading within an ascending correctional price channel in the short term, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 19.26, at which the negative harmonic pattern forming currently in the short term ends, specifically the Gartley pattern as shown in the attached chart.
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Alphabet pierces positive pattern's ceiling - Analysis - 19-10-2017
Alphabet's stock (GOOG) rose in the intraday levels, scoring a profit of 0.06% in the last session, or 0.63 points, and succeeding in piercing the ceiling of a positive pattern that formed in the short term, the Rising Triangle pattern, with positive support from the 50-day SMA.
MoreHewlett-Packard amid positive outlook - Analysis - 19-10-2017
Hewlett-Packard's stock (HPQ) rose in the intraday levels, scoring a profit of 0.79% in the last session, or 0.17 points, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, coupled with positive signals from the RSI.
MoreAT&T suffers from negative pressures - Analysis - 19-10-2017
AT&T's stock (T) fell in the intraday levels, recording a loss of 1.44% in the last session, or 0.52 points, and settling back below the support of 35.91, which represents the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the medium term (from 30.97 to 43.89), with negative pressure from the 50-day SMA, while the RSI reached extremely oversold levels.
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