Cardano’s currency price (ADAUSD) declined in latest intraday trading, as the price attempts to gather positive momentum that may help it rise anew, while also trying to vent off some of its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. This comes amid the dominance of a short-term upward correctional trend and trading alongside a rising trend line, supported by ongoing positive pressure from trading above the 50-period SMA.

Therefore we expect the currency to rise in upcoming intraday trading, as long as the support of $0.59359 holds on, targeting the resistance level of $0.65587.

Today’s price forecast: Bullish

EOS’s currency price (EOSUSDT) rose in latest intraday trading, supported by trading above the 50-period SMA, as the price attempts to recover part of its previous losses. This comes amid the dominance of the main downward trend in the short term and trading alongside a descending trend line. Meanwhile, the Stochastic remains in extremely overbought territory, exaggerated relative to the price movement, which adds further negative pressure on the price.

Therefore we expect the currency to decline in upcoming intraday trading, as long as the resistance of 0.5568 holds on, targeting the support level of 0.4390.

Today’s price forecast: Bearish

Tesla, Inc.’s stock price (TSLA) declined in latest intraday trading, under continued negative pressure from trading below the 50-day SMA, with negative signals streaming from the Stochastic despite it reaching oversold levels. The recent drop also resulted in a break below a short-term upward correctional trend line, adding further negative pressure on the stock.

Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $318.45 holds on, targeting the support level of $273.20.

Today’s price forecast: Bearish

Bristol-Myers Squibb Company’s stock price (BMY) rose in latest intraday trading, supported by positive signals streaming from the Stochastic. With this rise, the stock has reached the resistance of the 50-day SMA, a level that gains further significance as it also aligns with a short-term descending trend line — making it a key area for determining the next price direction.

Therefore, as long as the stock remains below the level of $48.26, we expect it to decline in upcoming trading, targeting the pivotal support of $44.00.

Today’s price forecast: Bearish