Moderna’s stock price (MRNA) fell in the intraday levels, while readying to breach the important support of $29.79, amid the dominance of the main downward trend as the stock trades alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, while a negative divergence forms in the RSI after reaching overbought levels compared to the stock’s movements, sending out negative signals.

Therefore we expect more losses for the stock, provided the support of $29.79 was reliably breached, thus targeting the next one at $17.90.

Trend forecast today: Likely Bearish

Apple’s stock price (AAPL) inched lower in the intraday levels on profit-taking, while gathering momentum to rise anew, as it also vented off overbought saturation in the RSI with negative signals coming out of it, amid the dominance of the main upward trend in the medium term, and with positive support due to trading above the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $260.10, provided it settles above the support of $237.23.

Trend forecast today: Likely Bullish 

Procter & Gamble’s stock price (PG) kept falling in the intraday levels, buoyed by trading above the 50-day SMA, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI despite reaching overbought levels. 

Therefore we expect more gains for the stock, provided it settles firmly above $166.27, thus targeting the pivotal resistance of $180.43.

Trend forecast today: Bullish 

United Airlines Holdings’ stock price (UAL) fell in the intraday levels while trading within a descending correctional price channel that limited short-term trading, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels. 

Therefore we expect more losses for the stock, targeting the pivotal support of $91.78, provided it settles firmly below the resistance of $105.00.

Trend forecast today: Bearish