Intel Corporation’s stock (INTC) fell in the intraday levels, amid the dominance of the downward correctional wave in the short term, while hurt by piercing the negative pattern formed in the short term, the Double Top pattern, while also suffering negative pressure from the 50-day SMA.

Therefore we expect more losses for the stock, targeting the pivotal support of 41.17 as a price target for that Double Top pattern.

Expected trend for today: Bearish 

 Chevron Corporation’s stock (CVX) rose in the intraday levels after piercing the secondary downward trend line in the short term, while tackling the pivotal resistance of 153.63, representing the neckline of a positive technical pattern that formed in the short term, the Double Bottom pattern, with positive support from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the resistance of 164.40, provided the initial resistance of 153.63 was reliably breached. 

Expected trend for today: Bullish

ETSY’s stock inched up in the intraday levels amid negative pressure from the 50-day SMA, with the dominance of the main downward medium-term trend, coupled with negative signals from the RSI after reaching overbought levels compared to the stock’s movements, hinting at negative divergence. 

Therefore we expect the stock to return lower, and target the first support at 65.88, provided the resistance of 78.35 holds on.

Expected trend for today: Bearish 

Dollar General Corporation’s stock (DG) edged up in the intraday levels, while preparing to tackle the pivotal and stubborn resistance of 139.12, amid the dominance of the upward correctional trend in the short term, with positive signals from the RSI despite reaching overbought levels, benefiting as well from growing positive pressure because of trading above the 50-day SMA. 

Therefore we expect the stock to rise and target the next resistance at 152.60, provided the initial resistance of 139.12 is reliably pierced. 

Expected trend for today: Bullish