Crude oil price rallied upwards to surpass our first target at 86.75$ and confirms the continuation of the bullish trend domination in the upcoming sessions, opening the way to head towards 89.40$ as a next target, reminding you that the continuation of the bullish wave depends on the price stability above 85.05$.

Airbnb’s stock (ABNB) fell in the intraday levels amid negative signals from the RSI while seeking a bottom to bounce it higher, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the resistance of $170.00 anew, provided the support of $154.95 holds on.

Trend forecast: Likely Bullish 

Roblox Corporation’s stock (RBLX) fell in the intraday levels, while hurt by a negative pattern that formed in the short term, the Double Top pattern, as it also suffers negative pressure from the 50-day SMA, with negative signals from the RSI after reaching overbought levels. 

Therefore we expect more losses for the stock, targeting the support of $32.52, provided it settles below the resistance of $37.76. 

Trend forecast: Bearish 

Williams-Sonoma’s stock (WSM) fell in the intraday levels, amid negative signals from the RSI while reaching oversold levels compared to the stock’s movements, as it tries to gather momentum to rise anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of $340.00, provided the support of $292.40 holds on. 

Trend forecast: Likely Bullish