Zcash (ZECUSD) declined in its latest intraday trading amid continued dynamic negative pressure from trading below its 50-day SMA, accompanied by ongoing negative signals from the RSI indicators. The latest drop also saw the price break a short-term ascending corrective trendline, which intensifies the surrounding bearish pressure and warns of a potential extension of losses in the coming period.

Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, as long as it remains below the resistance level at 414.00, targeting the first support level at 354.00.

Expected trend for the upcoming trading: Bearish

eBay Inc. (EBAY) declined in its latest intraday trading amid the dominance of a short-term descending corrective trend, with continued negative pressure from trading below its previous 50-day SMA. In addition, a bearish divergence has formed on the RSI indicators after they reached excessively overbought levels compared to the stock’s price action, accompanied by the emergence of negative signals.

Therefore we expect the stock to decline in its upcoming trading, as long as the resistance level at $85.65 remains intact, targeting the pivotal support level at $79.80.

Today’s price forecast: Bearish

Vertex Pharmaceuticals Incorporated (VRTX) stabilized on gains in its latest intraday trading, supported by its continued trading above the 50-day SMA. This comes under the dominance of a short-term ascending corrective trend, with the price moving alongside a supporting trendline. We also note the beginning of positive signals from the RSI indicators after they had reached extremely oversold levels.

Therefore we expect the stock to rise in its upcoming trading, as long as the support level at $433.80 remains intact, targeting the pivotal resistance level at $484.55.

Today’s price forecast: Bullish

AT&T (T) declined in its latest intraday trading, amid the dominance of a short-term descending corrective trend, with the price moving alongside a steeply sloped trendline that reinforces the stability and control of this bearish path. The stock continues to trade below its previous 50-day SMA, further strengthening the negative pressure. This decline came despite the beginning of positive signals from the RSI indicators after they reached extremely oversold levels, indicating that selling forces remain in control of the stock’s movement.

Therefore we expect the stock to decline in its upcoming trading, as long as the resistance level at $25.00 holds, targeting the support level at $23.65.

Today’s price forecast: Bearish