Delta Air Lines, Inc. (DAL) stock price recorded gains in its latest intraday trading, after rebounding from support at its SMA50, which provided dynamic backing and helped generate positive momentum behind the move. This comes under the dominance of the main short-term upward trend, with price action moving along a supportive trend line. However, a negative crossover has started to appear on the RSI after reaching overbought territory, which may cap part of the upcoming gains.

Therefore we expect the stock price to rise in upcoming trading, as long as the $69.45 support level holds, to target the first resistance at $79.50.

Today’s price forecast: Bullish

General Motors Company (GM) stock price recorded gains in its latest intraday trading, as the stock attempts to build positive momentum while unwinding part of its overbought conditions on the RSI, even as some negative signals begin to appear. Price action continues to benefit from dynamic support by trading above its SMA50, reinforcing the stability and dominance of the main upward trend on both the short and medium term, with movement along a supportive minor trend line.

Therefore we expect the stock price to rise in upcoming trading, as long as it remains above the $83.65 level, to target the first resistance at $90.00.

Today’s price forecast: Bullish

BlackRock, Inc. (BLK) stock price recorded a decline in its latest intraday trading, amid negative pressure from trading below its SMA50, alongside continued negative signals from the RSI despite the indicator reaching deeply oversold levels. The recent move also pushed the stock below a main medium-term upward trend line, exposing it to additional downside pressure.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains below the $1,088.55 resistance level, to target the key support at $990.55.

Today’s price forecast: Bearish

The price of (ETHUSD) declined in its last intraday trading, due to the stability of $2,155 resistance, to surrender to the negative pressure, amid the dominance of the main bearish trend on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of negative signals from relative strength indicators.