Category Archives: News

GOOGL Robo Analyst For September 06 2019

“On a long-term technical basis, the stock (GOOGL) is trading above its 200-day moving average, but has broken through an important support level, which implies it is in a neutral trend.

The stock has support at 1194.16 and 1126.57. If the stock breaks down through support at 1194.16 then it will probably continue lower to 1126.57. The stock has resistance at 1209.39 and 1310.27. If the stock breaks up through resistance at 1209.39 then it will probably continue higher to 1310.27. The 200-day moving average is at 1136.28. This will also act as support. The stock’s long-term uptrend has changed into a sideways or downtrend. In this case, the stock will either go sideways for a while or sell-off back to where it started prior to the latest big upmove. This is a risky time for the stock, so be careful. Use caution during times like these, as the stock will be more volatile. Pay close attention to the Short-Term and Daily Opinion. The stock is slightly overbought according to the Stochastic Indicator (65.81).”

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AMZN Robo Analyst For September 06 2019

“On a long-term technical basis, the stock (AMZN) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has recently broken through an important trendline at 1889.87 suggesting the next support level is at 1823.75. This weakness suggests the long-term trend is turning neutral.

The stock has support at 1823.75 and 1709.43. If the stock breaks down through support at 1823.75 then it will probably continue lower to 1709.43. The stock will meet resistance at 1872.42 and 2035.80. If the stock breaks up through resistance at 1872.42 then it will probably continue higher to 2035.80. The 200-day moving average is at 1763.64. This will also act as support. The stock is neutral according to the Stochastic Indicator (62.69).”

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TSLA Robo Analyst For September 06 2019

TSLA Robo Analyst

“On a long-term technical basis, the stock (TSLA) is trading below its 200-day moving average which implies it is in a negative trend. If the new level of support at 222.25 holds, look for a bounce to the next resistance level at 231.13. If the stock breaks up through resistance at 258.58 a positive trend change is being attempted. Look for a possible long-term rally to previous highs.

The stock has support at 222.25 and 211.00. If the stock breaks down through support at 222.25 then it will probably continue lower to 211.00. The stock has resistance at 231.13 and at 258.35. If the stock breaks up through resistance at 231.13 then it will probably continue higher to 258.35. The 200-day moving average is at 269.88. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (48.17).”

 

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