Occidental Petroleum Corporation’s stock price (OXY) inched up in the intraday levels after earning strong gains, buoyed by positive signals from the RSI, while the stock vented off overbought saturation there, but it still suffered negative pressure due to trading below the 50-day SMA, and amid the dominance of the downward short-term trend. 

Therefore we expect the stock to return lower, targeting the pivotal support of $55.10, provided the resistance of $59.30 holds on.

Trend forecast: Likely Bearish 

Nvidia’s stock price (NVDA) fell in the intraday levels, while gathering momentum to rise anew, as it also vented off overbought saturation in the RSI, with negative signals coming out of them, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $140.75, provided the support of $117.00 holds on.

Trend forecast: Likely Bullish 

Tesla’s stock price (TSLA) fell in the intraday levels, amid the dominance of the upward correctional trend in the short term, while leaning on the support of the 50-day SMA, as the stock gathers positive momentum to rise anew, while venting off overbought saturation in the RSI with negative signals coming out of them.

Therefore we expect the stock to return higher, targeting the first resistance at $234.70, provided the support of $205.60 holds on.

Trend forecast: Likely Bullish 

Campbell Soup Company’s stock price (CPB) fell in the intraday levels after negative signals streamed out of the RSI as it reached overbought levels, while the stock tries to gather momentum to rise anew, amid the dominance of the upward correctional trend in the medium term while trading alongside the secondary short-term trend line, and with constant positive pressure due to trading above the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the important resistance of $52.10.

Trend forecast: Likely Bullish