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Ulta Beauty returns lower - Analysis - 11-09-2023
Ulta Beauty's stock (ULTA) returned lower in the intraday levels, while trading alongside the downward correctional trend line in the short term, with negative pressure from the 50-day SMA, while trying to vent off oversold saturation in the RSI.
Therefore we expect more losses for the stock, targeting the important support of 402.00, provided the resistance of 436.15 holds on.
Expected trend for today: Bearish
Foot Locker amid negative outlook - Analysis - 11-09-2023
Foot Locker's stock (FL) fell in the intraday levels, amid the complete dominance of the main downward trend in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
MoreMorgan Stanley trapped in a hesitant place - Analysis - 11-09-2023
Morgan Stanley's stock (MS) rose in the intraday levels, after leaning on the support of the upward medium-term trend line, lending the stock some momentum, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
MoreDell Technologies soars - Analysis - 11-09-2023
Dell Technology's stock (DELL) rose in the intraday levels amid positive support from the 50-day SMA, amid the dominance of the main upward trend in the medium term, with negative signals from the RSI after reaching overbought levels, hindering upcoming gains.
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