BlackRock's stock (BLK) skidded in the intraday levels, marking a hefty loss of 3.42% in the last session, or 23.08 points, and settling at 651.28, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the support of 583.25, provided it settles below 683.92.
Expected trend for today: Bearish
Activision Blizzard's stock (ATVI) fell in the intraday levels amid profit-taking, while venting off overbought saturation in the RSI amid negative signals out of them, marking a loss of 1.40% in the last session, or 1.11 points, and settling at 78.37.
The stock is buoyed by piercing the downward correctional trend line in the short term, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 81.22, provided the support of 75.65 holds on.
Expected trend for today: Bullish
Visa's stock (V) fell in the intraday levels, leaning on the support of the 50-day SMA, while leaning on the upward correctional short-term trend line, marking a loss of 0.98% in the last session, or 2.18 points, and settling at 220.01, while gathering momentum to rise anew.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 234.30, provided the support of 217.60 holds on.
Expected trend for today: Bullish
Brent oil price managed to break 81.30 level and hold below it, reinforcing the expectations of continuing the bearish trend scenario for today, supported by the negative pressure formed by the EMA50, waiting to visit 79.70 as a next target.
Stochastic positivity might cause some temporary sideways fluctuation before resuming the expected decline, which will remain valid conditioned by the price stability below 81.30 and 81.70 levels.
The expected trading range for today is between 79.60 support and 82.60 resistance.
The expected trend for today: Bearish