Nike's stock (NKE) fell 2.49% in the last session amid negative pressure from the 50-day SMA, amid the dominance of the downward correctional wave in the short term, with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the support of 150.25, provided the resistance of 162.60 holds on.
Expected trend for today: Bearish
Oracle's stock (ORCL) fell 0.88% in the last session while gathering momentum to help it rise anew, leaning on the support of the 50-day SMA, with the dominance of the main upward trend in the medium term, with positive signals from the RSI.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 91.10, provided the support of 86.80 holds on.
Expected trend for today: Bullish
Adobe's stock (ADBE) fell 2.09% in the last session while gathering momentum to bolster it higher, amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA, while the RSI reached oversold levels, compared to the stock's movements.
Therefore we expect the stock to return higher, targeting the important resistance of 670.30, provided the support of 622.60 holds on.
Expected trend for today: Bullish
Gilead's stock (GILD) rose 0.23% in the last session amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the resistance of 73.25 anew, provided the pivotal support of 70.00 holds on.
Expected trend for today: Bullish