American Airlines Group’s stock price declined in the intraday levels while seeking a bottom to boost it higher, with positive support from the 50-day SMA, amid the dominance of the upward correctional trend in the short term alongside the trend line, while a positive divergence forms in the RSI after reaching oversold levels compared to the stock’s movements, sending out positive signals.

Therefore we expect the stock to return higher, targeting the pivotal resistance of 15.85, provided the support of 14.20 holds on.

Trend forecast: Likely Bullish

ServiceNow’s stock price (NOW) returned lower in the intraday levels, while leaning on the support of the 50-day SMA, as it gathers positive momentum to rise anew, amid the dominance of the main upward trend in the medium term as it trades alongside the secondary short-term trend line, with positive signals from the RSI. 

Therefore we expect the stock to return higher, targeting the resistance of 815.30, provided the support of 730.50 holds on.

Trend forecast: Likely Bullish

MONGODB’s stock price (MDB) fell in the intraday levels (MDB), ending a volatile session with high trading volumes, while suffering negative pressure from the 50-day SMA, amid the dominance of the downward correctional wave in the short term as the stock seeks a bottom to bounce it higher anew, amid the dominance of the main upward medium-term trend, with positive signals from the RSI after reaching oversold levels.  

Therefore we expect the stock to return higher, targeting the first resistance of 439.00, provided the support of 365.11 holds on.

Trend forecast: Likely Bullish

Brent oil price keeps declining after surpassing the EMA50, to gradually approach the key support 81.00, to continue suggesting the bearish bias on the intraday basis, being aware that it is important to monitor the price at this level, due to its importance of determining the next trend.

Note that the continuation of the decline and breaking 81.00 will push the price to suffer additional losses that reach 79.20 as a next negative station, while consolidating above it will lead the price to start recovery attempts and achieve gains that reach 83.87 initially.

The expected trading range for today is between 80.20 support and 83.50 resistance.

Trend forecast: Bearish