Baidu's stock rose 2.61% in the last session, piercing the resistance of 133.94, amid the dominance of the upward medium-term trend, with support from the 50-day SMA, and positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 149.75.
Expected trend for today: Bullish
3M's stock rose 0.83% in the last session amid positive signals from the RSI, while recouping some past losses amid negative pressure from the 50-day SMA and with the dominance of the downward long-term trend.
Therefore we expect the stock to return lower, targeting the first support at 159.25.
Expected trend for today: Bearish
Wheat price resumes its negative trading affected by stochastic negativity that appears on the four hours’ time frame, to keep the bearish trend scenario valid for today, which depends on the price stability below 553.00 and 557.30 levels, reminding you that our next targets begin at 536.80 followed by 530.00.
The expected trading range for today is between 536.80 support and 553.00 resistance.
The expected trend for today: Bearish
Sugar price shows positive attempts now that hint the price head to resume the expected bullish trend for the upcoming period, to keep our positive overview that depends on the price stability above 14.75, supported by the EMA50, noting that our next main target is located at 15.55.
The expected trading range for today is between 14.85 support and 15.35 resistance
The expected trend for today: Bullish