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Walgreens price suffers from negative pressures - Forecast today - 06-06-2024

Economies.com
2024-06-06 11:30AM UTC

Walgreens Boots Alliance’s stock price (WBA) returned lower in the intraday levels, amid the dominance of the main downward trend in the medium term, while the stock trades alongside the secondary short-term trend line, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after the stock managed to vent off oversold saturation. 

 

Therefore we expect more losses for the stock, targeting the support of $11.50, provided the current support of $15.20 was breached. 

 

 Trend Forecast: Bearish 

Harley Davidson price emits more negative signals - Forecast today - 06-06-2024

Economies.com
2024-06-06 11:30AM UTC

Harley-Davidson’s stock price (HOG) advanced in the intraday levels as it tries to recoup some losses, amid negative pressure from the 50-day SMA, amid the dominance of the downward correctional wave in the short term, coupled with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect the stock to return lower, targeting the support of $32.36, provided the resistance of $37.40 holds on.

 

 Trend Forecast: Likely Bearish 

 

3M price returns higher - Forecast today - 06-06-2024

Economies.com
2024-06-06 11:29AM UTC

3M’s stock price returned higher in the intraday levels while trading above the 50-day sMA, amid the dominance of the main upward trend in the short term, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of $106.00 anew, provided the support of $94.60 holds on.

 

 Trend Forecast: Bullish 

Kohl's price readies to pierce current support - Forecast today - 06-06-2024

Economies.com
2024-06-06 11:29AM UTC

Kohl’s Corporation’s stock price (KSS) fell in the intraday levels, amid negative pressure from the 50-day SMA, amid the dominance of the downward short-term trend, with negative signals from the RSI. 

 

Therefore we expect more losses for the stock, targeting the pivotal support of $17.70, provided the initial support of $21.45 is reliably breached. 

 

 Trend Forecast: Bearish