Mattel's stock (MAT) rose in the intraday levels, while recouping some recent losses, as it also vents off oversold saturation in the RSI, with positive signals out of them, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, targeting the first support at 17.55, provided the resistance of 20.30 holds on.

Expected trend for today: Likely Bearish