Bank of America Corporation (BAC) stock price recorded a pullback in its latest intraday trading, as the stock remains affected by previously breaking below a short-term upward minor trend line. This comes amid continued negative pressure from trading below its SMA50, which limits the stock’s recovery prospects in the near term. However, on the other hand, positive signals have begun to emerge from the RSI after it reached extremely oversold levels, which helped curb the stock’s recent losses.

Therefore we expect the stock price to decline in upcoming trading, as long as the $54.30 resistance level remains intact, to target the first support at $51.00.

Today’s price forecast: Bearish

3M Company (MMM) stock price recorded a decline in its latest intraday trading, breaking below a main short-term upward trend line. This move comes alongside negative and dynamic pressure from trading below its SMA50, which intensifies the surrounding bearish pressure on the stock, especially with incoming negative signals from the RSI after it reached extremely overbought levels.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains stable below the $163.75 resistance level, to target the $148.45 support level.

Today’s price forecast: Bearish

Coinbase Global, Inc. (COIN) stock price recorded a decline in its latest intraday trading, with the stock breaking below the key support level at $231.50. This move comes amid the dominance of a short-term corrective downward trend, with price action moving along a supportive minor trend line for this move, alongside continued negative pressure from trading below its SMA50. In addition, negative signals continue to flow from the RSI after it reached extremely overbought levels.

Therefore we expect the stock price to decline in upcoming trading, especially as long as it remains stable below the $231.50 level, to target the next support at $193.35.

Today’s price forecast: Bearish

Uber Technologies, Inc. (UBER) stock price recorded a cautious rise in its latest intraday trading, as the stock collided with the resistance of its SMA50. This move comes while the stock continues to trade within the range of a short-term corrective downward price channel that has been containing its recent movements, alongside incoming negative signals from the RSI after it reached extremely overbought levels.

Therefore we expect the stock price to decline in upcoming trading, as long as the $88.25 resistance level remains intact, to target the $78.30 support level.

Today’s price forecast: Bearish