Costco Wholesale Corporation (COST) stock price recorded further gains in its latest intraday trading, influenced by breaking above a main short-term downward trend line, while benefiting from dynamic support represented by trading above its SMA50, which enhances the chances of extending the stock’s gains in the coming period. However, on the other hand, a negative crossover has begun to appear on the RSI after it reached extremely overbought levels, which could limit the stock’s upcoming gains.

Therefore we expect the stock price to rise in upcoming trading, as long as the $926.35 support level holds, to target the important resistance at $991.75.

Today’s price forecast: Bullish

NVIDIA Corporation (NVDA) stock price recorded a pullback in its latest intraday trading, as the stock attempts to build positive momentum that could help it recover and move higher again. With this decline, the stock leaned on the support of its SMA50, under the dominance of the main medium-term upward trend. In addition, a positive divergence has begun to form on the RSI after it reached extremely oversold levels in an exaggerated manner compared to price action, alongside the start of incoming positive signals.

Therefore we expect the stock price to rise in upcoming trading, as long as the $182.35 support level holds, to target the first resistance at $195.65, with strong chances for a breakout.

Today’s price forecast: Bullish

The price of (ETHUSD) slipped lower in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, with the emergence of negative signals from relative strength indicators, despite its stability in oversold levels, to break bullish trend line on short-term basis, which intensifies the negative pressure and reinforces the chances of extending its losses on the near-term basis.

brent price settles on a rise in its recent intraday trading, taking advantage of the positive signals’ emergence from relative strength indicators, after reaching oversold levels, besides its trading above EMA50, which represents dynamic support that reinforces the chances of extending its gains in the upcoming period, especially with the dominance of the main bullish trend on short-term basis.