Citigroup’s stock price © fell in the intraday levels and passed through the support of the 50-day SMA, exposing the price to negative pressure, thus breaching the upward secondary trend line in the short term, with the stock exposed to doubled negative pressure, accompanied by a surge in trading volumes, with positive signals from the RSI after reaching oversold levels.
Therefore we expect more losses for the stock, provided it settles below $73.38, thus targeting the first support at $67.75.
Trend forecast for today: Bearish
Lyft’s stock price fell in the intraday levels amid negative pressure from trading below the 50-day SMA, while trading alongside the downward secondary trend line in the short term, thus readying to breach the current support of $12.00, with negative signals from the RSI after trying to vent off oversold saturation there.
Therefore we expect more losses for the stock, provided the support of $12.00 was breached, thus targeting the next one at $8.93.
Trend forecast for today: Bearish
Ethereum price (ETHUSD) shows new positive trades to attempt to breach 2210.00$, which urges caution from the upcoming trading, as confirming the breach will lead the price to attempt to recover and build bullish wave that targets 2325.00$ areas initially.
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Bitcoin price (BTCUSD) didn’t show any strong move since morning, thus, no change to our neutrality until now, waiting to determine the price situation according to 87055.00$ level to confirm the next destination clearly.
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