AT&T Inc (T) stock held steady at a low level in its latest intraday trading, after previously breaking a short-term ascending trendline. Negative pressure persists as the stock continues to trade below its 50-day SMA. Additionally, bearish signals are emerging from the Relative Strength Index, despite it remaining in extremely oversold territory.
Therefore we expect the stock to decline in upcoming sessions, as long as it remains below $27.80, targeting the support level at $26.00.
Today’s price forecast: Bearish.
Dow Inc. (DOW) stock declined in its latest intraday trading, following a rebound from resistance at the 50-day SMA. The stock remains under the control of a prevailing downtrend, trading along a short-term descending trendline. However, a potential bullish crossover in the Relative Strength Index is beginning to emerge, which may help limit further losses.
Therefore we expect the stock to decline in upcoming sessions, as long as resistance at $31.00 holds, targeting the key support level at $25.00.
Today’s price forecast: Bearish.
The price of (ETHUSD) rose in its recent intraday levels, attacking the current resistance level at $3,800, this rise came after offloading the overbought conditions on the (RSI), opening the way for achieving more of the rises, especially with the emergence of the positive signals, amid the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor bias lines.
The price of (BTCUSD) declined in its intraday levels, after it attempted to surpass the negative pressure of the EMA50, to gather its positive strength that might assisted it to complete this mission, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI).