Blackstone’s stock price (BX) surged in latest intraday trading, amid the dominance of the upward correctional wave in the short term, while hurt by piercing the downward trend line previously, with the price boosted by trading above the 50-day SMA, accompanied by a surge in trading volumes, and with positive signals from the Stochastic despite reaching overbought levels.
Therefore we expect more gains for the price, provided the support of $137.50 holds on, targeting the resistance of $166.00.
Today’s price forecast: Bullish
Palo Alto Networks’ stock price (PANW) rose in latest intraday trading and managed to pierce the current resistance of $191.00, amid ongoing positive support due to trading above the 50-day SMA, while boosted by exiting a descending correctional price channel that guided recent short-term trading.
MoreThe price of (ETHUSD) rose in its recent intraday trading, amid the dominance of the main bullish trend on the short-term basis, with the emergence of the positive signals on the (RSI), after reaching oversold levels, preparing to attack the key resistance at $2,540.
MoreThe price of (BTCUSD) rose in its recent intraday trading, affected by the stability of the support at $102,000, supported by its continuous trading above the EMA50, with the formation of a positive divergence on the (RSI), after reaching exaggerated oversold levels compared to the price move, with the beginning of positive signals appearance from there, to support achieving more of the gains.
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