Morgan Stanley's stock (MS) fell 0.67% in the last session while gathering momentum to help it rise anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect the stock to rise and target the pivotal resistance of 85.00, provided the support of 77.10 holds on.
Expected trend for today: Likely Bullish
Nike's stock (NKE) rose 0.88% in the last session, retesting the important resistance of 136.25 while also touching the resistance of the 50-day SMA, amid the dominance of the downward correctional short-term wave, while hurt by piercing the main upward trend line recently, with negative signals from the RSI.
Therefore we expect the stock to return lower, targeting the first support of 130.25, provided the resistance of 136.25 holds ground.
Expected trend for today: Likely Bearish
Oracle's stock (ORCL) kept rising with a 0.71% profit 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 first resistance at 78.45.
Expected trend for today: Bullish
Adobe's stock (ADBE) rose 0.39% in the last session, tackling the resistance of 505.65, amid the dominance of the main upward medium-term trend, with positive support from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the resistance of 534.10, provided the resistance of 505.65 was breached.
Expected trend for today: Bullish