Microsoft's stock rose on the support of the 50-day SMA, with positive signals from the RSI, leaning on the support of 134.64 and garnering momentum.
Therefore we expect the stock to rise as long as the support of 134.64 holds on, targeting the resistance of 141.52.
Expected trend for today: Bullish
Facebook's stock retested the resistance of 179.21, amid the dominance of the downward short-term wave, with negative pressure from the 50-day SMA and the RSI after reaching overbought levels.
Therefore we expect the stock to decline and target the support of 171.90.
Expected trend for today: Bearish
General Electric's stock fell amid pressure from the 50-day SMA, while trading alongside the main downward trend, with negative signals from the RSI.
Therefore we expect more losses, targeting the support of 7.72.
Expected trend for today: Bearish
Intel's stock returned higher amid positive signals from the RSI and support from the upward medium-term trend, with support from the 50-day SMA.
Therefore we expect the stock rise as long as the support of 48.90 holds on, targeting the resistance of 53.32.
Expected trend for today: Bullish