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Alibaba price trims some gains - Forecast today - 10-02-2025

Economies.com
2025-02-10 09:23AM UTC

Alibaba Group Holdings’ stock price (BABA) rose in the intraday levels, with support due to trading above the 50-day SMA, accompanied by a surge in trading volumes, and amid the dominance of the main upward trend in the medium term, countered by negative signals from the RSI, which trimmed recent gains. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of $117.82, provided the support of $94.12 holds on.

 

Trend forecast for today: Bullish 

Pfizer price suffers from negative pressures - Forecast today - 10-02-2025

Economies.com
2025-02-10 09:22AM UTC

Pfizer’s stock price (PFE) fell in the intraday levels, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels, which might help the stock hold on a bit as it vents off all that oversold saturation, amid the dominance of the main downward trend in the short term.

 

Therefore we expect more losses for the stock, targeting the pivotal support of $24.48, provided the resistance of $26.87 holds on.

 

Trend forecast for today: Bearish

Blackberry price soars - Forecast today - 10-02-2025

Economies.com
2025-02-10 09:22AM UTC

Blackberry’s stock price (BB) kept rising in the intraday levels, amid the dominance of the upward short-term trend, with positive pressure from trading above the 50-day SMA, coupled with positive signals from the RSI despite settling at overbought levels, and accompanied by a surge in trading volumes.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of $5.75, provided the support of $4.35 holds on.

 

Trend forecast for today: Bullish

The AUDCAD keeps the bearish track – Forecast today – 10-2-2025

Economies.com
2025-02-10 05:22AM UTC

The AUDCAD price confirmed its surrender to the negative scenario by settling below 0.9115 resistance line and notice its crawl below the MA55 recently and targeting 0.8940 level.

 

Stochastic continuous consolidation near 20 level will increase the negative pressures on the price, to keep our bearish overview that might target 0.8870 followed by reaching the next target at 0.8810.

 

The expected trading range for today is between 0.8870 and 0.9040

 

Trend forecast: Bearish