JPMorgan's stock rose in the intraday levels while trading alongside the upward short-term trend line, with positive support from the 50-day SMA, readying to tackle the pivotal resistance of 158.00, with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 167.00, provided the resistance of 158.00 was reliably breached.
Expected trend for today: Bullish
Coca-Cola's stock (KO) returned higher with a 0.11% profit in the last session, amid positive support from the 50-day SMA, coupled with positive signals from the RSI, with the dominance of the upward medium-term correctional trend.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 54.55.
Expected trend for today: Bullish
McDonald's stock (MCD) rose in the intraday levels, tackling the pivotal resistance of 231.75, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium term, countered by negative signals from the RSI after reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 243.63, provided the resistance of 231.75 was breached first.
Expected trend for today: Bullish
3M's stock (MMM) kept rising in the last session amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 200.00.
Expected trend for today: Bullish