3M's stock (MMM) fell off a session-high at 172.05 and amid negative signals from the RSI, while gathering momentum to help it rise and target the stubborn resistance of 166.63, amid positive pressure from the 50-day SMA, while trading alongside the upward medium-term trend line.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 182.17, provided the resistance of 169.65 was breached.
Expected trend for today: Bullish
Morgan Stanley's stock (MS) rose 0.19% in the last session while readying to tackle the resistance of 53.47, while trading alongside the upward medium-term trend line, 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 record resistance of 57.56.
Expected trend for today: Bullish
Nike's stock (NKE) fell 0.02% in the last session while gathering momentum to help it rise anew, amid the dominance of the main upward trend in the medium term, with support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect the stock to return higher and target the resistance of 133.62, provided the support of 120.67 holds on.
Expected trend for today: Bullish
Oracle's stock (ORCL) rose 0.35% in the last session after gaining momentum and leaning on the support of the 50-day SMA, while testing the main upward trend line in the medium term, with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the record resistance of 63.35, provided the support of 59.25 holds on.
Expected trend for today: Bullish