Coca-Cola Company (KO) stock price recorded gains in its latest intraday trading, as it attempts to test the current resistance level at $80.00, amid the dominance of the main bullish trend over both the medium and short term. Positive pressure remains in place as the stock continues to trade above its 50-day SMA, while the recent rise came after the price successfully eased its overbought conditions on the Stochastic indicator, giving it more room to extend gains in the near term.
Therefore we expect the stock price to rise during its upcoming trading sessions, especially if it breaks above the mentioned resistance at $80.00, targeting the next resistance level at $83.00.
Today’s price forecast: Bullish
Marriott International (MAR) stock price recorded a decline in its latest intraday trading, as the price attempts to gain positive momentum that could help it recover and move higher again. At the same time, the stock is trying to ease part of its clear overbought conditions on the Stochastic indicator, especially with the emergence of negative signals, while the main bullish trend remains dominant over both the medium and short term, supported by movement alongside major and minor upward trendlines.
Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $333.95 remains intact, targeting the resistance level at $370.00.
Today’s price forecast: Bullish
Roblox Corporation (RBLX) stock price recorded a decline in its latest intraday trading, amid the dominance of a short-term corrective bearish trend, while moving alongside a trendline supporting this path. The stock remains under negative pressure as it continues to trade below its 50-day SMA, alongside the emergence of negative signals on the Stochastic indicator.
Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $72.80 remains intact, targeting the key support level at $50.10.
Today’s price forecast: Bearish
The price of (ETHUSD) rose in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on short-term basis, attempting to recover some of its previous losses, and offloading some of its clear oversold conditions on relative strength indicators, especially with the emergence of positive signals from there.