JPMorgan (JPM) spiked 4.62% in the last session amid the dominance of the upward medium-term trend, 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 129.72.
Expected trend for today: Bullish
Johnson & Johnson's stock (JNJ) closed flat after leaning on the support of 143.85, amid negative pressure from the 50-day SMA, with negative signals from the RSI, as the stock trades alongside the upward medium-term trend line.
Therefore we expect the stock to rise and target the first resistance of 149.20.
Expected trend for today: Bullish
IBM's stock spiked 3.61% in the last session after shaking off negative pressure from the 50-day SMA, tackling the resistance of 123.77, while trading alongside the upward medium-term trend line, with positive signals from the RSI despite reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 123.77.
Expected trend for today: Bullish
Hewlett-Packard's stock rallied 2.64% in the last session amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, while the RSI reached overbought levels.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 23.92.
Expected trend for today: Bullish