Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

Uber soars - Analysis - 20-11-2023

Economies.com
2023-11-20 11:38AM UTC

Uber Technologies' stock (UBER) rose in the intraday levels, amid positive pressure from the 50-day SMA, coupled with the dominance of the main upward trend in the medium term, while trading along the secondary short-term trend line, with negative signals from the RSI after reaching overbought levels, hindering some of the gains.

 

Therefore we expect more gains for the stock, targeting the first resistance at 55.40. 

 

Expected trend for today: Bullish

United Airlines tries to shake off negative pressure - Analysis - 20-11-2023

Economies.com
2023-11-20 11:37AM UTC

United Airlines Holdings' stock (UAL) rose in the intraday levels, while buoyed by piercing the downward correctional trend line previously in the short term, as the stock tries to shake off negative pressure from the 50-day SMA, with negative signals from the RSI after reaching overbought levels.

 

Therefore we expect the stock to rise and target the resistance of 46.30, provided the resistance of 41.00 was breached. 

 

Expected trend for today: Likely Bullish

Boeing returns higher - Analysis - 20-11-2023

Economies.com
2023-11-20 11:37AM UTC

Boeing Company's stock (BA) returned higher in the intraday levels, while trying to vent off overbought saturation with negative signals out of them, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the first resistance of 223.90, provided it settles above 199.60. 

 

Expected trend for today: Bullish

Pepsico gives in to negative pressure - Analysis - 20-11-2023

Economies.com
2023-11-20 11:37AM UTC

Pepsico's stock (PEP) fell in the intraday levels, after testing the downward secondary trend line in the short term, while touching the resistance of the 50-day SMA, with negative signals from the RSI after reaching overbought levels compared to the stock's movements, hinting at negative divergence.

 

Therefore we expect more losses for the stock, targeting the support of 161.00, provided the resistance of 167.00 holds on.

 

Expected trend for today: Bearish