Cisco Systems' stock (CSCO) returned lower in the intraday levels, recording a loss of 3.13% in the last session, or 1.38 points, as the stock tries to garner momentum to help it rise anew, amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect the stock to return higher, as long as the support of 42.98 holds on, targeting the resistance of 46.46.
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Intel's stock (INTC) fell in the intraday levels, recording a loss of 2.46% in the last session, or 1.29 points, as the stock tries to gather momentum to help it rise anew, amid positive pressure from the 50-day SMA, with the dominance of the main upward short-term trend, coupled with positive signals from the RSI.
MoreMicron Technology's stock (MU) fell in the intraday levels, recording a loss of 5.69% in the last session, or 3.16 points, as the stock seeks a bottom to bounce it higher anew, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, while the RSI reached extremely oversold levels compared to the stock's movements.
MoreMasterCard's stock (MA) fell in the intraday levels, registering a loss of 2.62%, or 4.65 points, amid the dominance of the main upward trend in the medium and short terms, while the RSI reached extremely oversold levels compared to the stock's movements, leaning thereafter on the support of 50-day SMA.
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