Costco Wholesale Corporation (COST) advanced slightly in its latest intraday trading, attempting to recover part of its previous losses. However, the move stalled as it touched resistance at the 50-day SMA, forcing the stock to retreat and trim its early gains. The short-term corrective downtrend remains dominant, with price action moving along a descending trendline, while RSI indicators continue to flash negative signals despite being in oversold territory.
Therefore, we expect the stock to decline in the upcoming sessions, as long as resistance holds at 974.00, with the next target set at the key support level of 925.00.
Today’s price forecast: Bearish.
Oracle Corporation (ORCL) dipped slightly in its latest intraday trading, as RSI indicators showed negative signals after reaching overbought territory. This suggests an attempt to ease that pressure and gain positive momentum for a potential rebound. The stock remains supported by its continued movement above the 50-day SMA and stays within the framework of a prevailing short-term uptrend, trading along an ascending trendline.
Therefore, we expect the stock to rise in the upcoming sessions, as long as it holds above support at 291.75, with the next target set at the 371.00 resistance level.
Today’s price forecast: Bullish.
Johnson & Johnson (JNJ) strengthened in its latest intraday trading, supported by its continued movement above the 50-day SMA, which provides dynamic support and reinforces the stability of the prevailing medium- and short-term uptrend. Additionally, RSI indicators have started to flash positive signals after moving out of oversold territory, increasing the likelihood of further upward momentum toward new resistance levels.
Therefore, we expect the stock to rise in upcoming sessions, as long as support holds at 173.30, with the next target at the key resistance of 181.16.
Today’s price forecast: Bullish.
The price of (ETHUSD) deepened its losses in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis, and its continued trading below EMA50, intensifying the negative pressure around the price, noticing the continuation of the negative signals on the relative strength indicators, despite reaching oversold conditions, indicating the dominance and the strength of the negative track.
Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:
US Stock Signals from €44/month
Subscribe via TelegramCrypto Signals from €49/month
Subscribe via TelegramForex Signals from €49/month
Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
Subscribe via TelegramFull VIP signals performance report for September 15–19, 2025: