Facebook's stock (FB) tumbled 3.67% in the last session, trespassing the support of the 50-day SMA, with negative signals from the RSI, settling at 324.17, while trading alongside the main upward medium-term trend line.
Therefore we expect more losses for the stock, targeting the support of 308.00, provided the resistance of 350.80 holds on.
Expected trend for today: Bearish
Google's stock (GOOG) skidded 4.68% in the last session, while hurt by piercing the main upward trend line recently, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI
Therefore we expect more losses for the stock, targeting the support of 2,622.00, provided it settles below 2,810.30.
Expected trend for today: Bearish
Brent oil price trades with clear positivity to attack 80.80 level and attempts to hold above it, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards our next target located at 81.90, reminding you that the continuation of the bullish wave requires holding above 79.10.
The expected trading range for today is between 78.00 support and 82.00 resistance.
The expected trend for today: Bullish
Crude oil price resumes its positive trading to move away from 76.40 level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our main waited target at 79.40, noting that stochastic provides positive signals that support the suggested positive scenario, which will remain valid unless breaking 76.40 and holding below it.
The expected trading range for today is between 75.40 support and 78.50 resistance.
The expected trend for today: Bullish