Altaba driven lower by current resistance - Analysis - 16-04-2019

Economies.com
2019-04-16 12:55PM UTC

Altaba's stock skidded 3.01% after the resistance of 77.17, while gathering momentum to help it rise anew, and venting off overbought saturation in the RSI, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the resistance of 77.17 anew. 

 

Expected trend for today: Bullish 

Stocks Technical Analysis

United States Analysis

Stocks

Mccormick & Co price returns higher - Forecast today - 29-04-2024
2024-04-29 10:00AM UTC
Mccormick & Co’s stock price (MKC) returned higher in the intraday levels, with positive ...
United States Analysis

Stocks

American Eagle price shakes off negative pressure - Forecast today - 29-04-2024
2024-04-29 10:00AM UTC
American Eagle Outfitters’ stock price (AEO) rallied in the intraday levels, managing to ...
United States Analysis

Stocks

Invesco price approaches strong resistance - Forecast today - 29-04-2024
2024-04-29 09:59AM UTC
Invesco QQQ Trust’s stock price (QQQ) rose in the intraday levels, amid the dominance of the ...