Bank of America Corporation’s stock price (BAC) rose in latest intraday trading amid the dominance of a strong upward correctional wave in the short term, with dynamic support due to trading above the 50-day SMA, after a sideways journey through which the price tried to gather momentum in order to rebound, after venting off overbought saturation in the Stochastic.
Therefore we expect more gains for the price, targeting the pivotal resistance of $47.95, provided the support of $42.95 holds on.
Today’s price forecast: Bullish
3M’s stock price rose in latest intraday trading after leaning on the support of the 50-day SMA, lending the stock some positive momentum, amid the dominance of the main upward trend in the medium term, with positive signals from the Stochastic after reaching oversold levels compared to the price’s movements, forming a positive divergence.
Therefore we expect more gains for the price, provided the support of $141.35 holds on, targeting the pivotal resistance of $145.00.
Today’s price forecast: Bullish
Coinbase Global’s stock price (COIN) extended its gains in latest intraday trading, amid the dominance of the upward correctional wave in the short term, with positive signals from the Stochastic after reaching oversold levels, thus readying to attack the resistance of $277.00, boosted by trading above the 50-day SMA.
Therefore we expect more gains for the price, provided the aforementioned resistance of $277.00 is breached, targeting the next one at $310.60.
Today’s price forecast: Bullish
Uber Technologies’ stock price rose in latest intraday trading despite a stream of negative signals from the Stochastic, but the price benefited from dynamic support due to trading above the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms.
Therefore we expect the stock to rise and target the pivotal resistance of $93.60, provided the support of $81.85 holds on.
Today’s price forecast: Bullish