Nike's stock (NKE) kept rising in the intraday levels, scoring a fresh profit of 0.58% in the last session, or 0.30 points, while getting impacted by piercing the ceiling of a positive pattern that formed in the short term, the Falling Wedge pattern as shown in the attached chart, with positive signals from the RSI, countered with negative pressure from the 50-day SMA.
Therefore we expect more gains for the stock in the short term and intraday levels, targeting the resistance of 54.05 as a price target for that forming technical pattern.
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Symantec's stock (SYMC) rose in the intraday levels, scoring a profit of 0.44% in the last session, or 0.14 points, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-period SMA in the intraday levels, coupled with positive signals from the RSI.
MorePfizer's stock (PFE) fell in the intraday levels, recording a loss of 1.02% in the last session, or 0.37 points, as the stock seeks a bottom to bounce it higher anew, amid the dominance of the upward correctional trend in the medium and short terms, with positive support from the 50-day SMA.
MoreMcDonald's stock (MCD) rose in the intraday levels, scoring a profit of 0.22% in the last session, or 0.37 points, as the stock settles above 164.73, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA.
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