Activision Blizzard's stock (ATVI) rose in the intraday levels, amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA, marking a profit of 0.10% in the last session, or 9 cents, and settling at 92.29, with negative pressure from the 50-day SMA after reaching overbought levels, curbing recent gains.
Therefore we expect the stock to rise and target the resistance of 98.10, provided the support of 85.00 holds on.
Expected trend for today: Bullish
Visa's stock (V) fell in the intraday levels, amid negative signals from the RSI while traders collect profits, and as the stock also gathers momentum to rise anew, marking a final loss of 0.75% in the last session, or 1.80 points, and settling at 239.62, amid the dominance of the main upward trend in the short term, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 247.65, provided the support of 234.30 holds on.
Expected trend for today: Bullish
Oracle Corporation's stock (ORCL) fell in the intraday levels, with negative signals from the RSI after reaching overbought levels, while gathering positive momentum to rise anew, as it also vents off overbought saturation, marking a final loss of 2.37% in the last session, or 2.81 points, and settling at 115.88, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 127.54, provided the support of 114.34 holds on.
Expected trend for today: Bullish
Enphase Energy's stock (ENPH) fell in the intraday levels while venting off overbought saturation in the RSI with negative signals out of them, as the stock gathers positive momentum and marking a final loss of 5.16% in the last session, or 9.57 points, and settling at 175.92, while buoyed by piercing the downward trend line previously in the short term, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 231.40, provided it settles above 181.55.
Expected trend for today: Bullish