Pfizer's stock fell in the intraday levels, as traders collected recent profits and amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, coupled with positive signals from the RSI, recording a final loss of 1.24%, or 0.55 points.
Therefore we expect the stock to return higher, targeting the resistance of 45.81, as long as the support of 42.52 holds on.
Expected trend for today: Likely Bullish
McDonald's stock kept rising in the short term amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI, scoring a fresh profit of 0.67% in the last session, or 1.23 points.
Therefore we expect more gains for the stock, targeting the resistance of 187.37.
Expected trend for today: Bullish
Morgan Stanley's stock returned lower with a 0.39% loss, or 0.18 points, after touching the resistance of the 50-day SMA, coinciding with touching the downward short-term trend line as shown in the attached chart, as the RSI reached overbought levels.
Therefore we expect more losses for the stock, especially if it settled back below 46.40, targeting the support of 43.06.
Expected trend for today: Bearish
Ford Motor Company's stock fell 1.46% in the last session, or 0.14 points, while striving to gather momentum to help it rise anew, as the stock also vented off overbought saturation in the RSI, while buoyed by exiting the descending price channel that guided recent short-term trading, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, as long as the support of 9.25 holds on, targeting the resistance of 10.09.
Expected trend for today: Likely Bullish