ASML Holding N.V. (ASML) stock price is seeing sharp losses in its latest intraday trading, after breaking below the support of its 50-day SMA. This move has exposed the stock to negative pressure, signaling an intent to continue the corrective downward trend in the near future. This comes alongside negative signals from the Stochastic indicator, despite it reaching deeply oversold levels.

Therefore, our expectations indicate a decline in the stock price during upcoming trading sessions, as long as it remains stable below the resistance level of 1,448.65, targeting the first support level at 1,316.00.

Today’s price forecast: Bearish

GameStop Corporation (GME) stock price declined in its latest intraday trading, following the stability of the key resistance level at 25.90. This decline represents an attempt to gain positive momentum to help break through that resistance, while simultaneously easing overbought conditions indicated by the Stochastic indicator, especially as negative signals emerge. With this recent drop, the stock has reached the support of its 50-day SMA, amid the dominance of a short-term bullish corrective trend and movement alongside a supporting trendline.

High-Risk Warning: GME is a meme stock, characterized by intense speculative trading. Consequently, its price action often deviates from technical expectations or financial reports and can be highly unpredictable.

Therefore, our expectations lean toward a rise in the stock price during upcoming trading sessions, as long as the support level at 22.80 remains intact, targeting the aforementioned 25.90 resistance level again in preparation to challenge it.

Today’s price forecast: Bullish

Pinduoduo Inc (PDD) stock price rose slightly in its latest intraday trading, as the stock attempts to recover some of its previous losses. Simultaneously, it is trying to ease some of its clear oversold conditions indicated by the Stochastic indicator, especially as a positive crossover begins to appear. However, the stock remains under the dominance of a major medium-term bearish trend, reinforced by continued negative dynamic pressure from trading below its 50-day SMA and movement along a bearish trendline.

Therefore, our expectations indicate a decline in the stock price during its upcoming trading sessions, as long as the resistance level at 102.00 remains intact, targeting the key support level at 95.35.

Today’s price forecast: Bearish

Ethereum (ETHUSD) witnessed fluctuated trading in its recent intraday trading, affected by the stability of the key support at $2,250, with the emergence of positive crossover on the relative strength indicators, after reaching oversold levels, attempting to recover some of previous losses, amid the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure on the price.