Daily Archives: August 21, 2020

$TSLA Tesla Inc Stock Robo Analyst August 21 2020 #TSLA

Tesla Inc Stock Chart

Tesla Inc (TSLA) “On a long-term technical basis, the stock (TSLA) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 1794.99 and 1689.00. If the stock breaks down through support at 1794.99 then it will probably continue lower to 1689.00. The stock will meet resistance at 2095.50 and 2243.74. If the stock breaks up through resistance at 2095.50 then it will probably continue higher to 2243.74. The 200-day moving average is at 799.30. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (86.53).”

Tesla Inc Stock Chart

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$OXY Occidental Petroleum Corporation Stock Robo Analyst August 21 2020 #OXY

Occidental Petroleum Corporation Stock Chart

Occidental Petroleum Corporation (OXY) “On a long-term technical basis, the stock (OXY) is trading below its 200-day moving average which generally implies it is in a negative trend. The new level of support is at 11.82.

The stock has support at 12.75 and 11.82. If the stock breaks down through support at 12.75 then it will probably continue lower to 11.82. The stock has resistance at 15.68 and at 16.74. If the stock breaks up through resistance at 15.68 then it will probably continue higher to 16.74. The 200-day moving average is at 25.48. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (5.74).”

Occidental Petroleum Corporation Stock Chart

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$WFC Wells Fargo & Company Stock Robo Analyst August 21 2020 #WFC

Wells Fargo & Company Stock Chart

Wells Fargo & Company (WFC) “On a long-term technical basis, the stock (WFC) is trading below its 200-day moving average which generally implies it is in a negative trend. The stock has broken down through support at 28.23, so look for new support at 21.97.

The stock has support at 23.33 and 22.06. If the stock breaks down through support at 23.33 then it will probably continue lower to 22.06. The stock has resistance at 23.90 and at 25.50. If the stock breaks up through resistance at 23.90 then it will probably continue higher to 25.50. The 200-day moving average is at 36.64. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (15.71).”

Wells Fargo & Company Stock Chart

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$MRO Marathon Oil Corporation Stock Robo Analyst August 21 2020 #MRO

Marathon Oil Corporation Stock Chart

Marathon Oil Corporation (MRO) “On a long-term technical basis, the stock (MRO) is trading below its 200-day moving average which generally implies it is in a negative trend. The new level of support is at 4.64.

The stock has support at 5.34 and 4.97. If the stock breaks down through support at 5.34 then it will probably continue lower to 4.97. The stock has resistance at 5.55 and at 5.86. If the stock breaks up through resistance at 5.55 then it will probably continue higher to 5.86. The 200-day moving average is at 8.07. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (49.77).”

Marathon Oil Corporation Stock Chart

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$INTC Intel Corporation Stock Robo Analyst August 21 2020 #INTC

Intel Corporation Stock Chart

Intel Corporation (INTC) “On a long-term technical basis, the stock (INTC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 46.97 and 43.63. If the stock breaks down through support at 46.97 then it will probably continue lower to 43.63. The stock has resistance at 49.73 and at 55.19. If the stock breaks up through resistance at 49.73 then it will probably continue higher to 55.19. The 200-day moving average is at 58.12. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 46.97 look for a rally to previous highs. The stock is slightly oversold according to the Stochastic Indicator (28.88).”

Intel Corporation Stock Chart

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$BABA Alibaba Group Holding Limited Stock Robo Analyst August 21 2020 #BABA

Alibaba Group Holding Limited Stock Chart

Alibaba Group Holding Limited (BABA) “On a long-term technical basis, the stock (BABA) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 246.10 and 231.03. If the stock breaks down through support at 246.10 then it will probably continue lower to 231.03. The stock will meet resistance at 265.98 and 301.50. If the stock breaks up through resistance at 265.98 then it will probably continue higher to 301.50. The 200-day moving average is at 214.11. This will also act as support. The stock is neutral according to the Stochastic Indicator (61.55).”

Alibaba Group Holding Limited Stock Chart

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$NVDA NVIDIA Corporation Stock Robo Analyst August 21 2020 #NVDA

NVIDIA Corporation Stock Chart

NVIDIA Corporation (NVDA) “On a long-term technical basis, the stock (NVDA) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 431.69 and 391.08. If the stock breaks down through support at 431.69 then it will probably continue lower to 391.08. The stock will meet resistance at 499.88 and 539.61. If the stock breaks up through resistance at 499.88 then it will probably continue higher to 539.61. The 200-day moving average is at 300.03. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (88.13), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”

NVIDIA Corporation Stock Chart

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$MSFT Microsoft Corporation Stock Robo Analyst August 21 2020 #MSFT

Microsoft Corporation Stock Chart

Microsoft Corporation (MSFT) “On a long-term technical basis, the stock (MSFT) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 205.06 and 193.55. If the stock breaks down through support at 205.06 then it will probably continue lower to 193.55. The stock will meet resistance at 216.38 and 244.84. If the stock breaks up through resistance at 216.38 then it will probably continue higher to 244.84. The 200-day moving average is at 175.26. This will also act as support. The stock is neutral according to the Stochastic Indicator (64.28).”

Microsoft Corporation Stock Chart

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$AAL American Airlines Group Inc Stock Robo Analyst August 21 2020 #AAL

American Airlines Group Inc Stock Chart

American Airlines Group Inc (AAL) “On a long-term technical basis, the stock (AAL) is trading below its 200-day moving average which generally implies it is in a negative trend. The stock has broken down through support at 14.15, so look for new support at 10.01.

The stock has support at 10.98 and 10.06. If the stock breaks down through support at 10.98 then it will probably continue lower to 10.06. The stock has resistance at 12.89 and at 14.15. If the stock breaks up through resistance at 12.89 then it will probably continue higher to 14.15. The 200-day moving average is at 18.68. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (49.99).”

American Airlines Group Inc Stock Chart

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$PDD Pinduoduo Inc Stock Robo Analyst August 21 2020 #PDD

Pinduoduo Inc Stock Chart

Pinduoduo Inc (PDD) “On a long-term technical basis, the stock (PDD) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 89.25 and 77.70. If the stock breaks down through support at 89.25 then it will probably continue lower to 77.70. The stock will meet resistance at 98.43 and 111.33. If the stock breaks up through resistance at 98.43 then it will probably continue higher to 111.33. The 200-day moving average is at 53.62. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (70.09).”

Pinduoduo Inc Stock Chart

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