CrowdStrike Holdings’ stock price (CRWD) rose in latest intraday trading, boosted by positive signals from the Stochastic after reaching oversold levels, with ongoing negative pressure from trading above the 50-day SMA, amid the dominance of the main upward trend in the medium term.
Therefore we expect the price to rise and target the resistance of $520.00, provided it settles firmly above the pivotal support of $455.60.
Today’s price forecast: Bullish
Rivian Automotive’s stock price (RIVN) fell in latest intraday trading, while hurt by piercing the upward secondary trend line in the short term, while trespassing the support of the 50-day SMA, coupled with negative signals from the Stochastic despite settling at oversold levels.
Therefore we expect more losses for the price, provided it settles below the $14.14 resistance, targeting the support of $12.50.
Today’s price forecast: Bearish
Illumina’s stock price (ILMN) edged lower in latest intraday trading after the pivotal resistance of $89.95, while trying to gather positive momentum to pierce that resistance, as it also vented off overbought saturation in the Stochastic as negative signals emerge from it, with the dominance of the upward correctional wave in the short term, coupled with positive pressure due to trading above the 50-day SMA.
Therefore we expect the price to rise, provided the resistance of $89.95 is breached, targeting the next one at $106.10.
Today’s price forecast: Bullish
The price of (ETHUSD) declined in its recent intraday trading, amid the dominance of bearish correctional wave on the intraday levels, with the continuation of the negative pressure due to its trading below its EMA50, the last decline came after it success in offloading clear overbought condition on the (RSI), noticing the beginning of negative overlapping signals appearance, which might increase the negative pressure on the price.