City Group's stock (C) rose 1.64% in the last session as it holds above the support of 63.52, representing the ratio 61.8% of Fibonacci retracement levels for a descending wave in the medium term (from 83.07 to 31.98), with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the next resistance at 71.17, representing the ratio 76.45% of the same retracement levels.
Expected trend for today: Bullish
Bank of America's stock (BAC) rose 1.66% in the last session amid the dominance of the upward medium-term trend, with positive pressure from the 50-day SMA, countered by negative signals from the RSI after reaching overbought levels.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 35.65, provided the support of 30.55 holds on.
Expected trend for today: Bullish
Boeing's stock (BA) fell 1.48% in the last session while leaning on the support from the 50-day SMA as it seeks a bottom to bounce it higher anew, while trading alongside the upward medium-term trend line.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 234.58, provided it holds above 208.04.
Expected trend for today: Bullish
American International Group's stock (AIG) fell in the intraday levels after the resistance of 41.0 held on, representing the ratio 61.8% of Fibonacci retracement levels for a descending wave in the medium term (from 56.38 to 16.05), while gathering momentum to help it rise anew, as it vents off overbought saturation from the RSI, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the next resistance at 47.04, representing the ratio 76.4% of the same retracement levels.
Expected trend for today: Bullish