General Motors Company’s stock price (GM) rallied in the intraday levels and attacked the current resistance of $49.35, amid the dominance of the main upward trend in the short term, with positive signals from the RSI.

Therefore we expect more gains for the stock, targeting the resistance of $52.60, provided the initial resistance of $49.35 is breached. 

Trend forecast: Bullish 

JPMorgan Chase’s stock price (JPM) fell in the intraday levels, while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI, with negative signals out of them, as the stock thus leaned on the upward short-term trend line, with positive pressure from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of $214.50, provided it settles above $200.00.

Trend forecast: Likely Bullish 

Wells Fargo’s stock price (WFC) fell in the intraday levels, with negative signals from the RSI after reaching overbought levels, while trespassing the support of the 50-day SMA, as it breached the support of the upward short-term trend line, accompanied by a surge in trading volumes.

Therefore we expect more losses for the stock, targeting the support of $50.77, provided the initial support of $55.34 is reliably breached. 

Trend forecast: Bearish 

Delta Airlines’ stock price (DAL) fell in the intraday levels, while hurt by piercing the main upward trend line in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after the stock vented off oversold levels. 

Therefore we expect more losses for the stock, targeting the support of $38.60, provided the initial support of $42.60 is reliably breached. 

Trend forecast: Bearish