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Apple price seeks a bottom to boost it - Forecast today - 25-07-2024

Economies.com
2024-07-25 12:16PM UTC

Apple’s stock price (AAPL) fell in the intraday levels while seeking a bottom to bounce it higher, with the stock leaning on the important support of $217.60, while also leaning on the upside short-term trend line, with positive support from the 50-day SMA after reaching oversold levels compared to the stock’s movements, hinting at positive divergence, and doubling positive pressures on the stock.

 

Therefore we expect the stock to return higher, targeting the resistance of $237.00, provided the support of $217.60 holds on.

 

Trend forecast: Likely Bullish

Mattel price pierces downward trend line - Forecast today - 25-07-2024

Economies.com
2024-07-25 12:13PM UTC

Mattel’s stock price (MAT) returned higher in the intraday levels, confirming the breach of the downward short-term trend line, while trading above the 50-day SMA, with positive signals from the RSI after reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of $20.30, provided it settles above $17.95. 

 

Trend forecast: Bullish

APA price drops alongside main downward trend line - Forecast today - 25-07-2024

Economies.com
2024-07-25 12:12PM UTC

APA Corporation’s stock price (APA) fell in the intraday levels after bumping into the main downward trend line in the medium term previously, forcing the stock down, after it was dominated by the upward correctional wave, and boosted by trading above the 50-day SMA, adding pressure on the stock, with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect more losses for the stock, targeting the pivotal support of $27.17, provided the resistance of $32.50 holds on.

 

Trend forecast: Bearish 

Coinbase price gathers positive momentum - Forecast today - 25-07-2024

Economies.com
2024-07-25 12:12PM UTC

Coinbase Global’s stock price (COIN) fell in the intraday levels while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $283.50, provided the support of $207.70 holds on.

 

Trend forecast: Likely Bullish