Caterpillar's stock (CAT) fell in the intraday levels amid negative signals from the RSI after the resistance of 237.75 held its ground, while gathering positive momentum to help it pierce that resistance, amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 250.00.
Expected trend for today: Bullish
Disney's stock (DIS) fell 1.14% in the last session, thus leaning on the support of the 50-day SMA in an attempt to gather positive momentum to help it rise anew, amid the dominance of the main upward trend in the medium term.
Therefore we expect the stock to return higher, targeting the resistance of 200.00, provided the support of 183.55 holds on.
Expected trend for today: Bullish
Ford Motor Company's stock (F) fell 1.47% in the last session on profit-taking, while gathering momentum to help it rise anew, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect the stock to return higher, targeting the resistance of 13.60, provided the support of 12.15 holds on.
Expected trend for today: Bullish
General Electric's stock (GE) fell 0.07% in the last session while gathering momentum to help it rise anew, while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher and target the pivotal resistance of 14.35.
Expected trend for today: Bullish