Comcast's stock declined 0.86% in the last session, while trying to gather momentum to help it rise anew, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 58.55, provided the support of 55.20 holds on.
Expected trend for today: Bullish
Wheat price tested the key support 680.20 and keeps its stability above it until now, and as long as the price is above this level, our bullish overview will remain valid for today, supported by stochastic positivity, noting that we are waiting to visit 701.00 followed by 726.80 levels as next main targets.
The expected trading range for today is between 675.00 support and 705.00 resistance.
The expected trend for today: Bullish
Soybean price faced negative pressure this morning to attack the intraday bullish channel’s support line, and attempts to recover and trade above it again, to keep the bullish trend scenario active for today, which depends on the price stability above 1467.40, noting that our targets begin by surpassing 1496.50 to confirm opening the way to head towards 1525.50.
The expected trading range for today is between 1480.00 support and 1520.00 resistance.
The expected trend for today: Bullish
Brent oil price trades are confined within 72.20 key support and the bullish channel’s resistance, and the price needs to surpass this resistance to confirm the continuation of the expected bullish trend for today, which targets 74.70 as a next station, while its continuation requires holding above 72.20.
The expected trading range for today is between 71.50 support and 74.50 resistance.
The expected trend for today: Bullish