Advanced Micro Devices’ stock price (AMD) fell in latest intraday trading after the current resistance of $144.12 held on, with the stock collecting recent profits, while trying to vent off overbought saturation in the Stochastic with negative signals streaming from it, as it also gathers positive momentum to pierce that resistance, amid the dominance of the upward correctional trend in the short term.
Therefore we expect the stock to return higher as long as the aforementioned resistance of $144.12 is breached, targeting the next one at $162.00.
Today’s price forecast: Bullish
Delta Airlines’ stock price (DAL) fell in latest intraday trading, as the price tries to gather positive momentum to rise anew, amid the dominance of the upward correctional trend in the short term, with dynamic support due to trading above the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels.
Therefore we expect the price to rise and target the pivotal resistance of $53.55, provided the support of $45.30 holds on.
Today’s price forecast: Bullish
The price of (ETHUSD) declined in its recent intraday trading, affected by the emergence of the negative signals on the (RSI), exhausting its positive opportunity that might assist it to gain the required bullish momentum to recover, where it leans on a bullish correctional bias line on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50,.
The price of (BTCUSD) continued the decline in its intraday levels, attempting to find a rising low to take it as a base that might assist it to gain the required positive momentum to recover and rise again, to reach in its last decline to lean on the support of its EMA50, approaching from the critical support of $106,000, amid the dominance of bullish correctional wave on the short-term basis, with the reach of the (RSI) indicators to oversold levels, exaggeratedly compared to the price move.