Platinum price confirmed its interaction with the support base at 895.00$, getting advantage from stochastic attempt to provide positive momentum, forming a new positive rally and settled near 930.00$.

The repeated stability above the mentioned support will increase the chances for compensating the losses, to expect the price rally towards 940.00$ reaching the resistance at 960.00$, while activating the bearish track requires a negative close below the current support, then begin targeting several negative stations, the initial target for the negative trading is located at 880.00$.

The expected trading range for today is between 910.00$ and 945.00$

Trend forecast: Bullish 

Alphabet’s stock price (GOOG) was in free fall in latest intraday trading, amid negative signals from the Stochastic, with the price reaching the pivotal support of $148.20, hurt by piercing the main upward trend line previously in the medium term, while continuing to trade below the 50-day SMA.

 
A breach of the pivotal support of $148.20 would bolster the downward trend in upcoming trading, thus targeting the first support at $131.55.

Today’s price forecast: Bearish

Tesla’s stock price (TSLA) fell in latest intraday trading after retesting the main upward trend line that was breached previously, amid negative pressure due to trading below the 50-day SMA, while a negative divergence starts forming in the Stochastic after reaching overbought levels compared to the price’s movements, thus sending out negative signals momentarily.

Therefore we expect more losses for the stock in upcoming trading, targeting the first important support at $217.00, provided the resistance of $271.00 holds on.

 
Today’s price forecast: Bearish

Apple’s stock price (AAPL) tumbled in latest intraday trading, amid the dominance of the downward correctional trend, while the price is hurt by a negative technical pattern that formed in the short term, the Head and Shoulders pattern, with negative signals streaming from the Stochastic after forming a negative divergence, which bolstered the downward trend.

 
Therefore we expect more losses for the price, targeting the first support at $178.35 as a price target for the forming Head and Shoulders pattern.

 
Today’s price forecast: Bearish