Tesla’s stock price (TSLA) rose in the intraday levels after finishing the harmonic short term formation that is the AB/CD pattern, which is a positive pattern, combined with positive signals from the RSI after reaching oversold levels, amid the dominance of the main upward trend in the medium term, while still suffering due to trading below the 50-day SMA, hindering upcoming gains. 

Therefore we expect more gains for the stock, targeting the important resistance of $377.30, provided the support of $326.60 holds on.

Trend forecast for today: Bullish 

General Electric Company’s stock price (GE) rose in the intraday levels, buoyed by trading above the 50-day SMA, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI after reaching oversold levels compared to the stock’s movements, adding momentum to the stock’s upcoming trading. 

Therefore we expect more gains for the stock, targeting the first resistance at $216.60, provided the support of $194.80 holds on.

Trend forecast for today: Bullish 

General Mills’ stock price (GIS) returned lower in the intraday levels, amid the dominance of the main downward trend in the short term, while readying to pierce the important support of $57.94, amid negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI.

Therefore we expect more losses for the price, provided the aforementioned support of $57.94 was reliably breached, thus targeting the support of $53.50. 

Trend forecast for today: Bearish 

Campbell Soup Company’s stock price (CPB) rose in the intraday levels, buoyed by positive signals from the RSI as the price tries to retest the resistance of $37.94, while recouping some recent losses, amid the dominance of the main downward trend in the short term, with negative pressure due to trading below the 50-day SMA. 

Therefore we expect the price to return lower, provided it settles firmly below the resistance of $37.94, thus targeting the support of $33.90.

Trend forecast for today: Likely Bearish