Google's stock (GOOG) gained ground while getting ready to tackle the pivotal resistance of 1,847, amid the dominance of the main upward medium-term trend, with positive support from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 1847.
Expected trend for today: Bullish
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Intel's stock (INTC) fell in the intraday levels on profit-taking while gathering momentum to help it rise anew, as it vents off overbought saturation in the RSI, with positive support from the 50-day SMA, while hurt by piercing the main downward trend line recently.
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