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Coca-Cola climbs cautiously - Analysis - 13-01-2022
Coca-Cola's stock (KO) rose 0.15% in the last session, settling at 60.54 while trying to pierce the current resistance of 60.70, amid support from the 50-day SMA, and with the dominance of the main upward medium-term trend, countered by negative signals from the RSI after reaching overbought levels.
Therefore we expect the stock to rise and target the resistance of 62.75, provided the resistance of 60.70 was breached.
Expected trend for today: Bullish
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McDonald's seeks a bottom to bolster it higher - Analysis - 13-01-2021
McDonald's stock (MCD) fell 0.46% in the last session amid negative signals from the RSI, while seeking a bottom to bounce it higher as it gathers positive momentum, settling currently at 260.92, amid the dominance of the main upward trend in the medium term, with support from the 50-day SMA.
More3M widens gains - Analysis - 13-01-2021
3M's stock rose 0.25% in the last session after leaning on the support of the 50-day SMA, lending it positive momentum, and settling eventually at 179.42, while still buoyed by piercing the downward correctional line previously.
MoreMorgan Stanley driven lower by current resistance - Analysis - 13-01-2022
Morgan Stanley's stock (MS) declined in the last session after the pivotal resistance of 105.75 held on, with negative signals from the RSI after reaching overbought levels, as the stock vents off overbought saturation and gathers momentum to pierce that pivotal resistance, amid the dominance of the main upward medium-term trend, with support from the 50-day SMA.
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