Bank of America Corporation (BAC) stock price continued to decline in its latest intraday trading, amid the dominance of a short-term corrective bearish trend, as the stock moved below the support of its 50-day SMA with this latest decline, which increases the surrounding negative pressure on the stock, especially with continued negative signals from the Stochastic indicators despite reaching deeply oversold levels.

Therefore we expect the stock price to decline in its upcoming trading, especially as long as it remains below the $51.40 resistance level, targeting the first support level at $48.55.

Today’s price forecast: Bearish

3M (MMM) stock price jumped sharply higher in its latest intraday trading, driven by continued positive signals from the Stochastic indicators after reaching deeply oversold levels, as the stock attempts to recover part of its previous losses, before encountering resistance at its 50-day SMA, which exposed it to renewed negative pressure and forced the stock to reverse and close a volatile session, amid the dominance of a short-term corrective bearish trend while moving alongside a steep trend line supporting this path.

Therefore we expect the stock price to decline in its upcoming trading, as long as it remains below the $156.85 resistance level, targeting the key support level at $141.40.

Today’s price forecast: Bearish

Coinbase Global (COIN) stock price declined in its latest intraday trading, as the stock takes profits from its previous gains and attempts to gain positive momentum that could help it recover and rise again, amid continued positive support from trading above its 50-day SMA, which provides a dynamic support base that strengthens the chances of a near-term recovery, especially with the dominance of a short-term corrective upward wave while trading alongside a trend line supporting this path, in addition to continued positive signals from the Stochastic indicators.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the $193.30 support level, targeting the first resistance level at $231.40.

Today’s price forecast: Bullish

Uber Technologies (UBER) stock price declined in its latest intraday trading, with the beginning of negative signals emerging from the Stochastic indicators, as the stock attempts to gain positive momentum that could help it recover and rise again, while also trying to relieve part of its overbought condition on the Stochastic indicators, as this decline brought the stock back to the support of its 50-day SMA, amid the dominance of a short-term upward wave while moving alongside a trend line supporting this path.

Therefore we expect the stock price to rise in its upcoming trading, as long as it holds above the $73.00 support level, targeting once again the key resistance level at $79.00.

Today’s price forecast: Neutral