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Wells Fargo emits more negative signals - Analysis - 08-09-2023
Wells Fargo & Company's stock (WFC) fell in the intraday levels, while hurt by piercing the upward correctional trend line previously in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the stock, targeting the support of 39.30, provided the resistance of 47.37 holds on.
Expected trend for today: Bearish
Delta Airlines dominated by downward correctional trend - Analysis - 08-09-2023
Delta Airlines' stock (DAL) fell in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI after reaching overbought levels, with negative pressure from the 50-day SMA.
MoreGeneral Motors sharpens losses - Analysis - 08-09-2023
General Motors Company's stock (GM) fell in the intraday levels, amid negative pressure from the 50-day SMA, with negative signals from the RSI despite settling at oversold levels, while dominated by the downward medium-term trend.
MoreBlackRock suffers from negative pressures - Analysis - 08-09-2023
BlackRock's stock (BLK) fell in the intraday levels, with negative signals from the RSI after reaching overbought levels, with negative pressure from the 50-day SMA, as the stock trades below it, while also hurt by piercing the secondary upward trend in the short term.
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