Sui (SUIUSD) price declined slightly in its latest intraday trading, moving along a minor downward slope line on the short term. Negative pressure continues from trading below its 50-day SMA, which adds to the bearish outlook. Meanwhile, a negative crossover has begun to appear in the Stochastic indicators after reaching strongly overbought levels, exaggerated relative to the price movement, suggesting the formation of a negative divergence.
Therefore, we expect the currency to decline in its upcoming intraday trading, as long as it remains stable below 3.3433, to then target the main support level of 3.000.
Today’s price forecast: Bearish.
WLD (WLDUSD) price declined in its latest intraday trading, under continued negative pressure from trading below its 50-day SMA, which acts as dynamic resistance limiting recovery attempts. The price also moves along a minor downward trend line on the short term, while the Stochastic indicators have reached strongly overbought levels with a negative crossover beginning to appear.
Therefore, we expect the currency to retreat in its upcoming intraday trading, as long as the resistance level of 0.91985453 holds, to then target the key support level of 0.84500646 in preparation to break it.
Today’s price forecast: Bearish.
Bristol-Myers Squibb Company (BMY) stock advanced in its latest intraday trading, after finding support at its previous 50-day SMA, which provided positive momentum helping it achieve those gains. The stock had earlier managed to unwind its clear overbought levels in the Stochastic indicators, while the short-term corrective bullish wave remains in control.
Therefore, we expect the stock to rise in its upcoming trading, as long as the support level of 46.20 holds, to then target the key resistance level of 49.25 in preparation to test it.
Today’s price forecast: Bullish.
Duolingo, Inc. (DUOL) stock slipped lower in its latest intraday trading, with the short-term corrective bearish trend remaining in control as trading moves along a downward slope line that supports this path. Negative pressure also continues from trading below its previous 50-day SMA, while additional bearish signals are appearing in the Stochastic indicators, despite being in oversold territory.
Therefore, we expect the stock to decline in its upcoming trading, as long as it remains stable below 337.80, to then target the key support level of 262.70.
Today’s price forecast: Bearish.