Alibaba's stock rose for the third session, marking a 1.47% profit amid positive support from the 50-day and the main upward trend, with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 195.78.
Expected trend for today: Bullish
McDonald's stock fell after the resistance of 195.46 held on, representing the ratio 50% of Fibonacci levels, amid pressure from the 50-day SMA, marking a minute 0.2% loss in the last session.
Therefore we expect more losses, targeting the next support at 189.16, representing 61.8% of Fibonacci levels.
Expected trend for today: Bearish
Morgan Stanley's stock rose 0.78% in the last session amid the dominance of the main upward short-term trend, with positive support from the 50-day SMA, while the RSI reached oversold levels.
Therefore we expect more gains, targeting the resistance of 51.70.
Expected trend for today: Bullish
Ford Motor's stock rose and tested the downward trend line while also touching the 50-day SMA line, amid negative signals from the RSI, marking a tentative profit of 1.82%.
Therefore we expect the stock to return lower, targeting the first support of 8.70.
Expected trend for today: Bearish