ASML Holdings' stock (ASML) rose in the intraday levels, amid the dominance of the upward correctional short-term trend, with positive support from the 50-day SMA, coupled with positive signals from the RSI after venting off overbought saturation in there.
Therefore we expect more gains for the stock, targeting the resistance of 714.62, provided the support of 612.80 holds on.
Expected trend for today: Bullish
AT&T's stock (T) rose in the intraday levels after turning to losses due to costs of restructuring, however it showed continued subscribers growth in the fourth quarter, sending the stock up 6.58% in the last session, or 1.26 points, and settling at 20.42, with trading volumes surpassing 73.5 million shares, above 10-day averages of 38.1 million shares.
Technically,. the upward correctional trend dominates in the short term, 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 pivotal resistance of 21.39, provided it settles above the support of 19.12.
Expected trend for today: Bullish
Microsoft's stock (MSFT) fell in the intraday levels after warnings from a change in consumption growth in its cloud businesses, a potentially negative one, sending the stock down 0.59% in the last session, or 1.43 points, settling at 240.61, with trading volumes surpassing 66.5 million shares, above 10-day averages of 34 million shares.
Technically, the stock is exposed to negative pressure after hitting the resistance of the 50-day SMA, amid the dominance of the main downward trend in the medium term, with negative signals from the RSI after reaching overbought levels.
Therefore we expect the stock to decline and target the pivotal support of 219.13, provided the resistance of 241.53 holds on.
Expected trend for today: Bearish
Kellogg's stock (K) rose in the intraday levels while trying to recoup some recent losses while also venting off oversold saturation in the RSI with positive signals out of them, coupled with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the pivotal support of 66.40, provided the resistance of 69.57 holds on.
Expected trend for today: Bearish