Boradcom's stock (AVGO) fell in the intraday levels amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA.
Therefore we expect more losses for the stock, targeting the important support of 463.90, provided the resistance of 514.00 holds on.
Expected trend for today: Bearish
Blackberry Limited's stock (BB) fell in the last session while hurt recently by exiting an ascending correctional price channel that guided recent short-term trading, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the stock, targeting the pivotal support of 4.70, provided it holds below 6.25.
Expected trend for today: Bearish
City Group's stock (C) returned lower in the intraday levels, amid the dominance of the main downward trend in the medium and short terms, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA.
Therefore we expect more losses for the stock, targeting the pivotal support of 45.40, provided the resistance of 50.80 holds onn.
Expected trend for today: Bearish
Wheat price shows new bullish rally to touch our first positive target at 910.00 and attempts to breach it, reinforcing the chances of achieving more expected gains in the upcoming sessions, noting that our next target is located at 935.00, while holding above 885.50 represents key condition to achieve the waited targets.
The expected trading range for today is between 890.00 support and 930.00 resistance.
The expected trend for today: Bullish