Harley Davidson's stock rose in the intraday levels, buoyed by positive signals from the RSI while trying to recoup some recent losses, marking a cautious profit of 1.86% in the last session, or 68 cents, settling thereafter at 37.15.
The stock is hurt by piercing the main upward short-term trend line previously, with negative pressure from the 50-day SMA, as the RSI reached overbought levels.
Therefore we expect the stock to return lower, targeting the support of 34.00, provided the resistance of 40.00 holds on.
Expected trend for today: Bearish
3M's stock (MMM) returned lower in the intraday levels amid the complete dominance of the main downward trend in the medium and short terms, while suffering negative pressure from the 50-day SMA, as the RSI reached overbought levels compared to the stock's movements, marking a loss of 0.40% in the last session, or 41 cents, settling at 102.78.
Therefore we expect more losses for the stock, targeting the support of 99.93 anew, provided the resistance of 107.09 holds on.
Expected trend for today: Bearish
KOHL's Corporation's stock (KSS) rose in the intraday levels while trying to recoup some recent losses, with positive signals from the RSI, and as the RSI reached overbought levels compared to the stock's movements, with the stock marking a final loss of 3.76% in the last session, or 83 cents, settling at 22.88, amid the dominance of the main downward medium-term trend, with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the first support of 20.00, provided the resistance of 23.38 holds on.
Expected trend for today: Bearish
Novavax's stock (NVAX) fell in the intraday levels, marking a loss of 1.05% in the last session, or 7 cents, and settling at 6.59, amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels, hinting at negative divergence.
Therefore we expect more losses for the stock, targeting the support of 4.00, provided the resistance of 8.85 holds on.
Expected trend for today: Bearish