Gold price trades negatively to attack 1797.00 level and moves below it now, which urges caution from the upcoming trading, as holding below this level will stop the recently suggested positive scenario and press on the price to turn to decline and visit 1770.00 areas as a first negative station.
Hewlett-Packard's stock (HOQ) fell 0.39% in the last session after the pivotal resistance of 38.47 held on, while gathering positive momentum to help pierce that resistance, while venting off overbought saturation in the RSI, amid the dominance of the main upward trend in the short term, with positive support from the 50-day SMA.
Therefore we expect the stock to rise and target the resistance of 42.00, provided the pivotal resistance of 38.7 was breached.
Expected trend for today: Bullish
Honeywell's stock (HON) rose 0.30% in the last session, with positive signals from the RSI, settling at 207.05, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the first support at 202.50, provided the resistance of 211.75 holds on.
Expected trend for today: Bearish
Home Depot's stock (HD) kept rising with a 0.53% profit in the last session, settling at 406.22, amid the dominance of the main upward medium-term trend, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 420.00, provided it settles above 399.85.
Expected trend for today: Bullish