Blackstone INC's stock (BX) rose in the intraday levels, supported by positive signals from the RSI, marking a cautious profit of 0.68% in the last session, or 59 points, and settling at 87.26, amid the dominance of the main downward trend in the medium term, while touching the resistance of the 50-day SMA.
Therefore we expect the stock to return lower, targeting the support of 72.24, provided the resistance of 91.75 holds on.
Expected trend for today: Bearish
Baker Hughes Company's stock (BKR) rose in the last session, amid attempts to recoup some recent losses, while venting off oversold saturation in the RSI, marking a mild profit of 1.68% in the last session, or 45 cents, and settling at 27.30, while hurt by piercing the upward correctional trend line previously in the short term, with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the first support at 25.12, provided it settles below 27.07.
Expected trend for today: Bearish
AT&T's stock (T) rose in the intraday levels, amid positive signals from the RSI, after reaching oversold levels, amid attempts to recoup some recent losses, marking a cautious profit of 0.44% in the last session, or 8 cents, and settling at 18.39, amid negative pressure from the 50-day SMA, while hurt by piercing the upward correctional trend line in the short term.
Therefore we expect the stock to return lower, targeting the pivotal support of 17.64.
Expected trend for today: Bearish
Brent oil price faces solid resistance at 75.18 and continues to fluctuate around it, and our neutrality still valid until we get clearer signal for the next trend, to continue monitoring the price according to this level.
We remind you that consolidating below it will push the price to decline again and head towards 73.35 followed by 72.00 levels, while surpassing it followed by breaching 75.45 will push the price to achieve gains that start by visiting 77.65 areas.
The expected trading range for today is between 73.70 support and 77.20 resistance.
The expected trend for today: Neutral