General Motors’ stock price (GM) dipped in the intraday levels after the stubborn resistance of $49.50 held its ground, with the stock collecting profits and gathering momentum to pierce that resistance, as it also vented off overbought saturation in the RSI, amid the dominance of the main upward medium-term trend, with positive pressure from trading above the 50-day SMA.

Therefore we expect the stock to rise and target the resistance of $53.70, provided the initial resistance of $49.50 is reliably breached. 

Trend forecast: Likely Bullish

Advanced Micro Devices’ stock price (AMD) kept falling in the intraday levels amid the dominance of the downward correctional trend in the short term, with negative pressure from trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels. 

Therefore we expect more losses for the stock, targeting the first support at $141.16, provided it settles below the resistance of $154.15. 

Trend forecast: Bearish 

Broadcom’s stock price (AVGO) fell in the intraday levels, amid negative signals from the RSI after reaching overbought levels, while gathering momentum to rise anew, however it trespassed the support of the 50-day SMA, exposing the stock to some negative pressure, amid the dominance of the main upward trend in the medium term. 

Therefore we expect the stock to return higher, targeting the resistance of $185.00, provided the pivotal support of $144.55 holds on.

Trend forecast: Likely Bullish

Delta Air Lines’ stock price (DAL) rose in the intraday levels and tested the resistance of the downward correctional trend line in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels, hinting at negative divergence. 

Therefore we expect the stock to return lower and target the pivotal support of $37.30, provided the resistance of $42.60 holds on.

Trend forecast: Likely Bearish