City Group's stock (C) rose in the intraday levels, amid the dominance of the upward correctional wave in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI after venting off overbought saturation.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 54.40, provided the support of 47.85 holds on.
Expected trend for today: Bullish
Manchester United's stock (MANU) fell in the intraday levels after the resistance of 23.35, as traders collect profits while the stock gathers momentum to rise anew, amid the dominance of the main upward short-term trend, with positive signals from the RSI after reaching oversold levels, with positive pressure from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 25.30, provided the resistance of 23.35 was breached.
Expected trend for today: Bullish
Hewlett-Packard's stock (HPQ) rose in the intraday levels, managing to pierce the downward short-term trend line, while shaking off negative pressure from the 50-day SMA, with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 31.09, provided it settles above 27.87.
Expected trend for today: Bullish
Oracle's stock (ORCL) rose in the intraday levels, while trading alongside the upward correctional short-term trend line, with positive pressure from the 50-day SMA, countered by negative signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 91.78, provided the support of 84.50 holds on.
Expected trend for today: Bullish