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Tether price tries to shake off negative pressure - Forecast today - 04-09-2024

Economies.com
2024-09-04 10:31AM UTC

Tether USDt price advanced in the intraday levels after rebounding from recent sharp drops, with positive signals from the RSI after reaching oversold levels, amid the dominance of the sideways trading in the short term, as it also tried to shake off negative pressure from the 50-day SMA. 

 

Therefore we expect the price to rise and target the pivotal resistance of $1.00100, provided the support of $0.99854 holds on.

 

Trend forecast: Likely Bullish 

Enphase price leans on SMA support - Forecast today - 04-09-2024

Economies.com
2024-09-04 10:37AM UTC

Enphase Energy’s stock price (ENPH) fell in the intraday levels, amid the dominance of the upward correctional trend in the medium term, while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI, with negative signals coming out of it, with the stock finally leaning on the support of the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $138.20, provided the support of $104.00 holds on.

 

Trend forecast: Likely Bullish 

Ulta Beauty price ends cautiously higher - Forecast today - 04-09-2024

Economies.com
2024-09-04 10:37AM UTC

Ulta Beauty’s stock price (ULTA) rose in the intraday levels, amid the dominance of the main downward trend in the medium term, while trading alongside the trend line, with negative signals from the RSI after reaching overbought levels compared to the stock’s movements, hinting at negative divergence, with negative pressure due to trading below the 50-day SMA.

 

Therefore we expect the stock to return lower, targeting the support of $318.30, provided the resistance of $375.30 holds on.

 

Trend forecast: Likely Bearish 

 

Foot Locker price gathers positive momentum - Forecast today - 04-09-2024

Economies.com
2024-09-04 10:36AM UTC

Foot Locker’s stock price (FL) fell in the intraday levels, with negative signals from the RSI, while reaching oversold levels compared to the stock’s movements. The stock is trying to gather positive momentum to rise anew, amid the dominance of the main upward trend in the medium term, with positive pressure due to trading above the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $35.60, provided the support of $26.90 holds on.

 

Trend forecast: Likely Bullish