JPMorgan Chase & Co’s stock price (JPM) lost ground in the intraday levels, while gathering momentum to tackle the pivotal resistance of $216.40, while venting off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium term, with positive support from trading above the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of $234.00, provided the initial resistance of $216.40 was breached. 

Trend forecast: Likely Bullish 

Tesla’s stock price (TSLA) fell in the intraday levels as it tries to gather positive momentum to rise anew, amid the dominance of the upward correctional trend in the short term, with positive pressure from trading above the 50-day SMA, while the RSI reached oversold levels compared to the stock’s movements, hinting at positive divergence. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $271.00, provided the support of $234.70 holds on.

Trend forecast: Likely Bullish

Also read: Will Tesla Stock (TSLA) Trading Remain The Best Investment Of The Electric Vehicle (EV) Sector In 2025?

General Electric Company’s stock price (GE) inched down in the intraday levels while gathering momentum to rise anew, amid the dominance of the main upward trend in the medium term, with positive pressure from trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

Therefore we expect the stock to return higher, targeting the resistance of $194.00, provided the support of $176.00 holds on.

Trend forecast: Likely Bullish

General Mills’ stock (GIS) kept falling in the intraday levels, while being hurt by exiting an ascending price channel that limited recent short-term trading, with negative signals from the RSI despite reaching oversold levels, with the stock trespassing the support of the 50-day SMA, thus doubling the negative pressures.

Therefore we expect more losses for the stock, targeting the support of $68.24, provided it settles below $72.32. 

Trend forecast: Bearish