Strong bullish sentiment set to meet bearish fightback around key resistance at $17.98, currently 31 cents away
Visa Inc.'s upper Bollinger Band® is at $236.35 which indicates a further downward move may follow.

A convincing break of this target could pave the way for deeper losses. Despite being in the red so far in the current trading session, Visa Inc. peaked above its 50 day Simple Moving Average around $227.56 — typically an early indicator of a new bullish trend beginning to emerge. Visa Inc.'s lower Bollinger Band® is at $224.36. In contrast, Visa Inc. is hovering around the $224.18 Fibonacci support level.

Technical analysis indicates that Visa Inc.'s current downtrend might soon change course and start climbing up in the short term.

Around $17.75, Regions Financial Corp can look to establish a new bullish phase beyond its 50 day Simple Moving Average. On the other hand, note that Regions Financial Corp's recent run now faces a major challenge as concentrated supply is likely found at $17.98 with price action currently 31 cents away.

Overall, looking at the technical analysis landscape, it seems Regions Financial Corp might continue pointing upwards in the short term.

Despite being in the red so far in the current trading session, Goldman Sachs peaked above its 50 day Simple Moving Average around $326.03 — typically an early indicator of a new bullish trend beginning to emerge. Goldman Sachs's lower Bollinger Band® is now at $313.64. A persuasive break of this target could lead to higher losses.

Overall, looking at the technical analysis landscape, it seems Goldman Sachs —which is currently on a downtrend— might reverse course and start pointing upward in the short term.

Technical analysis trend indicators suggest that $325.33 marks the crossover point where Berkshire Hathaway price action falls below its 21 day Simple Moving Average. Berkshire Hathaway is currently flirting with an active Fibonacci support level around $326.05. Asset volatility analysis shows that Bollinger Bands® shows an indication of recovery: the lower band is at $319.51, a low enough level to, generally, suggest that Berkshire Hathaway is trading below its fair value. Chart analysis suggests Berkshire Hathaway's downtrend might be halted by its support level at $320.96, which is only $2.15 away.

For the time being, Berkshire Hathaway remains flat without a clear direction.

Fundamental indicators – United States New Home Sales (Apr) came out at 683,000, while a consensus of analysts was expecting 663,000.

Upcoming fundamentals: today at 14:30 UTC data for United States Crude Oil Inventories will be released, with an expected decline to -920,000 from the preceding figure of 5 million.