Coca-Cola's stock (KO) rose 0.93% in the last session while trading alongside the upward medium-term trend line, with support from the 50-day SMA, coupled with positive signals from the RSI, tackling the pivotal resistance of 54.57.
Therefore we expect more gains for the stock, targeting the resistance of 58.00.
Expected trend for today: Bullish
JPMorgan & Chase's stock fell 0.29% in the last session while gathering momentum to help it rise anew, while venting off overbought saturation in the RSI, while leaning on the support of the 50-day SMA, as the stock trades within an ascending price channel that guided recent medium-term trading.
Therefore we expect the stock to return higher, targeting the resistance of 161.59, provided the support of 148.90 holds on.
Expected trend for today: Bullish
Johnson & Johnson's stock (JNJ) returned higher with a 1.52% profit in the last session amid the dominance of main upward trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the resistance of 173.57, provided the resistance of 166.18 was breached.
Expected trend for today: Bullish
IBM's stock returned higher with a 2.02% profit in the last session amid the dominance of the upward medium-term trend, 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 resistance of 151.80, provided the support of 135.90 holds on.
Expected trend for today: Bullish