Altaba climbs alongside downward trend line - Analysis - 20-09-2018

Altaba's stock traded alongside the downward correctional trend line in the short term, with negative pressure from the 50-day SMA, countered with positive signals from the RSI. 

Therefore we expect the stock to return lower, especially if it settled back below 67.66, targeting the support of 62.06. 

Expected trend for today: Likely Bearish