Hedera Hashgraph’s currency price (HBARUSD) rose in latest intraday trading, successfully overcoming the negative pressure of the 50-period SMA. The price continues to move under the dominance of the main upward trend and trades alongside a short-term rising trend line, supported by positive signals streaming from the Stochastic after reaching extremely oversold levels.
Therefore we expect the currency to rise in upcoming intraday trading, as long as it remains above $0.22309, targeting the pivotal resistance level of $0.26000 in preparation to attack it.
Today’s price forecast: Bullish
Dollar Tree, Inc.’s stock price (DLTR) declined in latest intraday trading, as the stock takes profits from recent gains and attempts to vent off some of its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. This dip brought the price down to the support of the 50-day SMA, which may help it gather positive momentum for a potential rebound. The short-term outlook remains bullish, with the stock trading alongside a rising trend line.
Therefore we expect the stock to rise in upcoming trading, as long as the support of $101.85 holds on, targeting the first resistance level at $112.65.
Today’s price forecast: Bullish
Coca-Cola Company’s stock price (KO) declined in latest intraday trading, under continued negative pressure from trading below the 50-day SMA and within the grip of a short-term downward correctional trend. This comes alongside negative signals streaming from the Stochastic, despite it being in oversold territory.
Therefore we expect the stock to decline further in upcoming trading, as long as the resistance of $71.35 holds on, targeting the pivotal support level of $68.40.
Today’s price forecast: Bearish
Marriott International’s stock price (MAR) slipped lower in latest intraday trading, as the stock takes profits from recent gains and attempts to vent off its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. With this decline, the stock has broken below the 50-day SMA, exposing it to some short-term downside pressure. However, the overall trend remains a short-term upward correctional wave, with the price still trading alongside a rising trend line.
Therefore we expect the stock to rise in upcoming trading, provided the support level of $269.30 holds on, targeting the resistance level of $291.50.
Today’s price forecast: Bullish