Dash (DASHUSD) price recorded a slight decline in its latest intraday trading after facing resistance at its 50-day SMA, coinciding with the test of the key resistance level at $33.00. This halted the previous gains during which the price managed to recover a large part of its earlier losses. Meanwhile, the main short-term bearish trend remains dominant, with the Stochastic indicator beginning to form a negative divergence after reaching extremely overbought levels relative to price action, accompanied by emerging negative signals.
Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as the mentioned resistance at $33.00 remains intact, targeting the first support level at $31.00.
Today’s price forecast: Bearish
Gilead Sciences, Inc. (GILD) stock price recorded gains in its latest intraday trading after the key support level at $143.35 held firm, which provided the stock with positive momentum that helped drive these gains. This comes amid the dominance of the main short-term bullish trend, with continued dynamic support represented by trading above its 50-day SMA, while the Stochastic indicator has begun to show a new positive crossover.
Therefore we expect the stock price to rise during its upcoming trading sessions, as long as the mentioned support at $143.35 remains intact, targeting the key resistance level at $157.25.
Today’s price forecast: Bullish
Lululemon Athletica (LULU) stock price recorded a decline in its latest intraday trading, amid the dominance of the main medium-term bearish trend, with price moving alongside a minor trendline supporting this path in the short term. Negative dynamic pressure remains in place as the stock continues to trade below its 50-day SMA, while negative signals are also emerging from the Stochastic indicator despite reaching deeply oversold levels.
Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $185.95 remains intact, targeting the nearby key support level at $159.25, with the possibility of breaking below it.
Today’s price forecast: Bearish
Goldman Sachs Group, Inc. (GS) stock price recorded gains in its latest intraday trading, as the stock attempts to recover part of its previous losses while also trying to ease its clear oversold conditions on the Stochastic indicator, especially with the beginning of a positive crossover. However, the stock remains affected by the break of a main medium-term bullish trendline, with continued negative pressure as it trades below its 50-day SMA.
Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $868.50 remains intact, targeting the support level at $740.00.
Today’s price forecast: Bearish