NEIRO (NEIROUSDT) saw sharp losses in its latest intraday trading, with the price breaking below its 50-period SMA support, exposing it to negative pressure. The short-term downtrend remains dominant, with trading occurring along a trendline that supports this bearish path, while negative signals are emerging from the RSI indicators after reaching extreme overbought levels, reinforcing this negative scenario.
Therefore, we expect the currency’s price to decline in upcoming intraday trading, as long as the resistance at 0.00045898 holds, targeting the key support level of 0.00035718.
Expected trend for the upcoming trading: Bearish
Palantir Technologies Inc.’s stock price (PLTR) declined in its latest intraday trading, as the stock attempted to gain positive momentum that could help it recover and rise again. At the same time, it is trying to ease its apparent overbought condition in the RSI indicators, especially with negative signals appearing, while continuing to receive positive support from trading above its previous 50-day SMA, and remaining under the control of the main upward trend, trading along a short-term trendline supporting this path.
Therefore, we expect the stock to rise in its upcoming trading, as long as the $161.45 support level holds, targeting the psychological resistance level of $200.00.
Today’s price forecast: Bullish
MicroStrategy Incorporated’s stock price (MSTR) declined in its latest intraday trading, as the stock attempted to gain positive momentum that could help it overcome the negative pressure from the previous 50-day SMA. At the same time, it is trying to ease its apparent overbought condition in the RSI indicators, especially after a negative crossover began to appear, while trading along a short-term main upward trendline.
Therefore, we expect the stock to rise in its upcoming trading, provided the support level of $358.50 holds, targeting the first resistance level at $430.35.
Today’s price forecast: Bullish
Merck & Company, Inc. (MRK) stock turned green in its latest session, with the short-term corrective bullish trend remaining in control and trading along a supportive upward-sloping trendline. Positive signals are appearing on the RSI after reaching highly oversold areas, allowing the stock to overcome the negative pressure of the previous 50-day SMA. This opens the door for further gains in the near term.
Therefore, we expect the stock price to rise in upcoming trading, as long as the 77.55$ support level holds, targeting the nearby key resistance level of 85.25$ in preparation to break it.
Today’s price forecast: Bullish