PayPal Holdings' stock (PYPL) fell 1.93% in the last session, amid the dominance of the downward correctional wave in the short term, while hurt by piercing the main upward trend line recently, with negative pressure from the 50-day SMA, and negative signals from the RSI after reaching overbought levels.
Therefore we expect more losses for the stock, targeting the support of 233.25, provided the support of 254.00 was breached.
Expected trend for today: Bearish
Facebook's stock (FB) fell 1.39% in the last session, settling at 325.45, amid the dominance of the downward correctional short-term wave, with negative pressure from the 50-day SMA, combined with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the first support at 315.55, targeting the first support at 315.55.
Expected trend for today: Bearish
Google's stock (GOOG) fell 0.86% in the last session after 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 after reaching overbought levels, hinting at negative divergence.
Therefore we expect more losses for the stock, targeting the important support of 2,654.50 anew, provided the resistance of 2,796.30 holds on.
Expected trend for today: Bearish
Intel's stock (INTC) fell 0.69% in the last session, trespassing the support of the 50-day SMA, amid the dominance of the downward correctional trend as shown in the attached chart, settling thereafter at 53.44, with negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the pivotal support of 52.65.
Expected trend for today: Bearish