AMC Entertainment Holdings' stock (AMC) declined in the intraday levels, amid the dominance of the main downward trend in the medium term, with negative pressure from the 50-day SMA, marking a small loss of 1.06% in the last session, or 5 cents, and settling at 4.68, with positive signals from the RSI after reaching oversold levels, curbing recent losses.

Therefore we expect more losses for the stock, targeting the pivotal support of 3.77, provided the resistance of 5.47 holds on.

Expected trend for today: Bearish

Gamestop Corporations's stock (GME) skidded in the intraday levels, trespassing the support of the 50-day SMA, and doubling negative pressures on upcoming trading, with negative signals from the RSI after reaching overbought levels, amid the dominance of the main downward trend in the medium term, marking a heavy loss of 17.89% in the last session, or 4.67 points, and settling at 21.44. 

Therefore we expect more losses for the stock, targeting the pivotal support of 15.40, provided the resistance of 24.10 holds on.

Expected trend for today: Bearish

Nike's stock (NKE) returned lower in the intraday levels, amid the dominance of the downward correctional short-term trend, with negative pressure from the 50-day SMA, marking a loss of 0.83% in the last session, or 89 cents, and settling at 106.20, while the RSI reached overbought levels compared to the stock's movements, hinting at negative divergence.

Therefore we expect more losses for the stock, targeting the support of 101.70, provided it settles below the resistance of 109.30.

Expected trend for today: Bearish

Brent oil price trades positively to approach testing the key resistance 76.80, affected by stochastic positivity, and as we mentioned this morning, the price needs to hold below this level to keep bearish trend active for the upcoming period, as breaching it will lead the price to achieve additional gains that reach 77.85 and extend to 78.90.

The price needs to trade below 75.65 to reinforce the chances of resuming the bearish wave that its targets by testing 74.30.

The expected trading range for today is between 73.80 support and 77.10 resistance.

The expected trend for today: Bearish