DLB upgraded, NTRI breakdown , ABCO near
Chart courtesy of stockchartsShares of Dolby Laboratories “ DLB “ were up more than 4% to 34.16$ Tuesday after JPMorgan Securities upgraded Dolby Laboratories to "Overweight" from "Neutral. In a brief note analyst of JPMorgan said “as the entertainment experience becomes more sophisticated through a variety of technologies, Dolby will be one of the principal beneficiaries “. Looking at the daily chart, we can see that stock have initiated an important recovery on Monday, closing yesterday above 32$ mark, which bringing some investor confidence for Bulls. In addiction indicators improved and reached comfortable zones for a possible inversion of share price in long term, MACD is actually above 0 and RSI now above 50. Dolby Laboratories develops technology to make televisions, car stereos and video games sound better.
Chart courtesy of stockchartsNTRI shares breakdown today an important base of support at 66 $, Next stop 50 dma at 63.11$.
Keep an eye on ABCO shares for a possible breakout over 55$, to confirm intraday breakout.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a nice evening !!!
AC
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Posted by
Zoli |
3:54 PM