Gold price attempted to break 1850.80 and decline to reach the first negative target at 1838.00, but it bounced upwards clearly to settle above the first level, to continue monitoring the price according to 1850.80 support and 1871.55 resistance, waiting to breach one of these levels to detect the next destination clearly.
Boeing's stock (BA) fell 1.91% in the last session while trading alongside the upward medium-term trend line, with positive signals from the RSI, while seeking a bottom to bounce it higher anew.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 234.58, provided it holds above 208.04.
Expected trend for today: Bullish
AIG's stock fell 1.17% in the last session while leaning on the support of 41.00, representing the ratio 61.8% of Fibonacci retracement levels for a descending wave in the medium term, while gathering momentum to help it rise anew, as it vents off overbought saturation in the RSI.
Therefore we expect the stock to return higher, targeting the resistance of 47.04, representing the ratio 76.4% of the same retracement levels.
Expected trend for today: Bullish
Starbucks' stock (SBUX) fell 0.83% in the last session while gathering momentum to help it tackle the pivotal resistance of 106.00, amid the dominance of the main upward medium-term trend, with support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect the stock to return higher, targeting the resistance of 113.70, provided the resistance of 106.00 was breached.
Expected trend for today: Bullish