Cisco Systems' stock returned higher, amid the dominance of the main upward trend in the short term, with traders collecting profits after the pivotal resistance of 57.55 held on, while the stock vented off overbought saturation from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 57.55 anew, as long as the support of 53.99 holds on.
Expected trend for today: Bullish
General Electric's stock rose 0.29% while trading alongside the upward short-term trend line, with positive support from the 50-day SMA, countered by negative signals from the RSI.
Therefore we expect more gains for the stock, as long as the support of 9.80 holds on, targeting the pivotal resistance of 11.23.
Expected trend for today: Bullish
Intel's stock fell 1.80% in the last session amid the dominance of the upward short-term wave, with positive support from the 50-day SMA, while the RSI reached oversold levels, as the stock gathers momentum to help it rise anew.
Therefore we expect the stock to rise as long as it settles above 45.99, targeting the resistance of 48.25.
Expected trend for today: Bullish
General Motors' stock rose 0.98% in the last session, retesting the upward trend line that was breached recently, with negative signals from the RSI after reaching overbought levels compared to the stock's movements, with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the first support at 34.28, as long as the resistance of 36.22 holds on.
Expected trend for today: Bearish