Qualcomm’s stock price (QCOM) fell in the intraday levels amid the dominance of the main upward trend alongside the trend line, with negative signals from the RSI after reaching oversold levels.

Therefore we expect the stock to return higher and target the pivotal resistance of $177.59 anew, provided the support of $163.63 holds on.

Expected trading range: between the support of $163.63 and the resistance of $177.59. 

Trend forecast: Likely Bullish 

Walgreens’ stock price (WBA) fell in the intraday levels amid the dominance of the main downward trend in the medium term, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels.

Therefore we expect more losses for the stock, targeting the support of $15.20, provided it settles below the resistance of $19.70. 

Expected trading range: between the support of $15.20 and the resistance of $19.70. 

Trend forecast: Bearish 

Harley Davidson’s stock price (HOG) fell in the intraday levels while seeking a bottom to bounce it higher and help it gather momentum.

The stock leaned on the 50-day SMA line with positive signals from the RSI, hinting at positive divergence.

Therefore we expect the stock to return higher, targeting the important resistance of $44.14, provided the support of $37.95 holds on.

Expected trading range: between the support of $37.95 and the resistance of $44.14. 

Trend forecast: Likely Bullish 

MMM’s stock price fell in the intraday levels with negative signals from the RSI after reaching oversold levels, while gathering positive momentum to rise anew, amid the dominance of the upward correctional short-term trend, with positive support from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the pivotal resistance of $94.60, provided the support of $87.87 holds on.

Expected trading range: between the support of $87.87 and the resistance of $94.60. 

Trend forecast: Likely Bullish