Hewlett-Packard's stock (HPQ) returned higher with a 1.59% in the last session, while gathering momentum and venting off overbought saturation in the RSI, with negative signals from the RSI, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the resistance of 35.00, provided the support of 32.50 holds on.
Expected trend for today: Bullish
IBM's stock spiked 3.90% in the last session while trading alongside the upward medium-term trend line, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 151.80, provided the support of 135.90 holds its ground.
Expected trend for today: Bullish
Johnson & Johnson's stock (JNJ) inched up 0.07% in the last session amid the dominance of the main upward trend in the medium term, with positive signals from the RSI despite reaching overbought levels, with support from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 173.57, provided the resistance of 166.18 was breached.
Expected trend for today: Bullish
JPMorgan & Chase's stock rose 0.85% in the last session amid positive signals from the RSI, amid the dominance of the downward correctional short-term wave, while hurt by piercing the upside trend line recently, and by negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the support of 142.72, provided the support of 148.90 was breached.
Expected trend for today: Bearish