WLD’s price (WLDUSD) declined in its latest intraday trading, with negative signals appearing on the RSI despite reaching heavily oversold levels. This drop led the price to break a short-term minor ascending trendline, adding to the bearish pressure on the cryptocurrency. However, there remains one potential path for recovery — continued positive pressure from trading above its previous 50-day SMA.
Therefore, we expect the price to rise again in upcoming intraday trading, provided that the key support level of 1.02722402 holds, targeting the resistance level at 1.10665220.
Today’s price forecast: Neutral.
Walt Disney Company’s stock price (DIS) declined in its latest intraday trading, under the control of a short-term corrective downtrend, with ongoing negative pressure from trading below its previous 50-day SMA. This adds to the surrounding bearish pressures, especially with negative signals appearing on the RSI, after the stock had earlier succeeded in unwinding its oversold levels.
Therefore, we expect the stock to decline in its upcoming trading, as long as it remains below 118.65, targeting the first support level at 108.65.
Today’s price forecast: Bearish.
CrowdStrike Holdings’ stock price (CRWD) declined in its latest intraday trading, under the control of a short-term corrective downtrend and moving along a slope line supporting this direction. Ongoing negative pressure from trading below its previous 50-day SMA persists, in addition to the appearance of negative signals on the RSI, despite it remaining in oversold territory.
Therefore, we expect the stock to decline in its upcoming trading, as long as it remains below 545.00, targeting the support level of 392.70.
Today’s price forecast: Bearish.
Rivian Automotive’s stock price (RIVN) resumed its decline in its latest intraday trading, after attempting to ease some of its clear oversold condition on the RSI. However, selling pressure appears to have prevailed, as the stock moves along a short-term corrective downward trendline, with ongoing negative pressure from trading below its previous 50-day SMA, which further reinforces the bearish outlook.
Therefore, we expect the stock to decline in its upcoming trading, as long as the 13.13 resistance level holds, targeting the key support level of 10.55.
Today’s price forecast: Bearish.