City Group's stock hit a session high at 80.75 before bouncing lower and trimming the gains to 0.30%, amid negative signals from the RSI, while moving alongside the upward medium-term trend line, with support from the 50-day SMA.
Therefore we expect more gains for the stock, as long as the support of 77.75 holds on, targeting the pivotal resistance of 83.13.
Expected trend for today: Bullish
Caterpillar's stock rallied 2.50% in the last session, settling at 139.59, amid negative pressure from the 50-day SMA, amid the dominance of the downward correctional short-term wave, retesting the pivotal resistance of 139.20 to recoup some past losses.
Therefore we expect the stock to return lower, targeting the support of 129.32, especially if the resistance of 139.20 held on.
Expected trend for today: Bearish
Baidu's stock rose 2.61% in the last session, piercing the resistance of 133.94, amid the dominance of the upward medium-term trend, with support from the 50-day SMA, and positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 149.75.
Expected trend for today: Bullish
3M's stock rose 0.83% in the last session amid positive signals from the RSI, while recouping some past losses amid negative pressure from the 50-day SMA and with the dominance of the downward long-term trend.
Therefore we expect the stock to return lower, targeting the first support at 159.25.
Expected trend for today: Bearish