Generac Holdings’ stock price (GNRC) gained ground in the intraday levels, while trying to recoup some recent losses, amid the dominance of the downward correctional trend in the short term, while trading alongside a steel trend line, reflecting the negative pressure, with negative signals from the RSI after reaching overbought levels, and ongoing negative pressure as well due to trading below the 50-day SMA. 

Therefore we expect the stock to return lower, targeting the support of $131.66, provided the resistance of $151.60 holds on.

Trend forecast for today: Bearish 

Comcast Corporation’s stock price (CMCSA) fell in the intraday levels, after bumping into the resistance of the 50-day SMA, while managing to correct the main downward trend as it trades alongside the secondary short-term trend line, as a negative divergence forms in the RSI after reaching overbought levels compared to the stock’s movements, sending out negative signals. 

Therefore we expect more losses for the stock, targeting the first support at $34.47, provided the resistance of $36.71 holds on.

Trend forecast for today: Bearish 

Honeywell International’s stock price (HON) relinquished its earlier gains and reversed lower, turning them into losses by the close, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, with negative signals from the RSI after reaching overbought levels. 

Therefore we expect more losses for the stock, targeting the pivotal support of $195.57, provided the resistance of $219.25 holds on.

Trend forecast for today: Bearish 

Coffee price activated the correctional bearish track by providing new negative close below the additional barrier 413.10, to notice suffering big losses by reaching 381.00 to attack 100% expansion level as appears on the chart.

Note that stochastic attempt to settle within the oversold areas increases the negative pressures, allowing us to suggest more negative trades for now, to target 374.00$ as an additional station, followed by reaching the next support at 363.00.

The expected trading range for today is between 363.00 and 390.00

Trend forecast: Bearish