Honeywell's stock (HON) rose 0.06% in the last session amid attempts to recoup recent losses, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect the stock to return lower, targeting the support of 207.80, provided the support of 216.70 was breached.
Expected trend for today: Bearish
Ford Motor Company's stock (F) fell 1.72% in the last session after the pivotal resistance of 16.45, while gathering momentum to pierce that resistance, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 17.55, provided the resistance of 16.45 was breached.
Expected trend for today: Bullish
General Motors' stock (GM) fell 0.02% in the last session while gathering positive momentum to help it rise anew, amid the dominance of the upward medium-term trend, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 64.25, provided the support of 53.60 holds on.
Expected trend for today: Bullish
Goldman Sachs' stock (GS) rose 0.10% in the last session, settling at 414.75 and readying to tackle the pivotal resistance of 420.40, amid positive support from the 50-day SMA, with the dominance of the main upward medium-term trend.
Therefore we expect the stock to rise and target the resistance of 420.40, confirming the upward trend and targeting the resistance of 447.50.
Expected trend for today: Bullish