Dogecoin (DOGEUSDT) extended its decline in recent intraday trading, under the control of a short-term corrective downtrend along a descending slope, with persistent negative pressure as the price moves below the 50-period SMA. This reduces the chances of a near-term recovery, particularly as RSI indicators continue to generate bearish signals after previously reaching overbought territory.
Therefore, we expect the coin to decline in upcoming sessions, as long as resistance holds at 0.24259, with the next target at the support level of 0.21047.
Today’s price forecast: Bearish.
Mastercard Incorporated (MA) declined in its latest intraday trading, pressured by breaking a short-term ascending trendline, which dragged it below its 50-day SMA support. This amplified the negative momentum, especially with fresh bearish signals showing on RSI indicators, after the stock had earlier relieved oversold pressure, opening the way for further losses in the near term.
Therefore, we expect the stock to drop in the upcoming sessions, particularly while holding below 575.00, with the next support target at 545.85.
Today’s price forecast: Bearish.
Exxon Mobil Corporation (XOM) advanced in its latest intraday trading, with its recent rise bringing it to test the key resistance level at 115.45. The move was supported by price action holding above the 50-day SMA, which continues to provide positive momentum, while the short-term corrective uptrend remains in control along an ascending trendline. Additional support came from renewed positive signals on RSI indicators.
Therefore, we expect the stock to rise in the upcoming sessions, especially if it breaks above the mentioned resistance at 115.45, with the next target set at 119.90.
Today’s price forecast: Bullish.
Costco Wholesale Corporation (COST) advanced slightly in its latest intraday trading, attempting to recover part of its previous losses. However, the move stalled as it touched resistance at the 50-day SMA, forcing the stock to retreat and trim its early gains. The short-term corrective downtrend remains dominant, with price action moving along a descending trendline, while RSI indicators continue to flash negative signals despite being in oversold territory.
Therefore, we expect the stock to decline in the upcoming sessions, as long as resistance holds at 974.00, with the next target set at the key support level of 925.00.
Today’s price forecast: Bearish.