Peloton Interactive’s stock price (PTON) rose cautiously in the intraday levels, while trying to recoup some recent losses, amid the dominance of the main downward trend in the medium term, with negative pressure from the 50-day SMA, coupled with negative pressure from the 50-day SMA, and negative signals from the RSI after reaching overbought levels compared to the stock’s movements, hinting at negative divergence. 

Therefore we expect the stock to return lower, targeting the support of $2.50, provided the resistance of $3.96 holds on.

Trend forecast: Likely Bearish 

Alphabet’s stock price (GOOG) rose in the intraday levels after attempting to gather positive momentum, with negative signals from the RSI after reaching overbought levels, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure from the 50-day SMA. 

Therefore we expect more gains for the stock, targeting the resistance of $180.00, provided the initial resistance of $169.60 is reliably breached. 

Trend forecast: Bullish 

Ford’s stock price (F) rose mildly in the intraday levels while trying to recoup some recent losses, while hurt by piercing the upward correctional short-term trend line, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.

Therefore we expect the stock to return lower, targeting the support of $11.20, provided it settles below the resistance of $13.00. 

Trend forecast: Likely Bearish 

Coca-Cola Company’s stock price (KO) returned higher in a volatile session, while the stock still attempts to collect profits and vent off overbought saturation in the RSI, with negative signals from the RSI, amid the dominance of the upward correctional short-term trend, while trading above the 50-day SMA. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of $65.00, provided it settles above $61.20. 

Trend forecast: Bullish