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Didi price trapped in a hesitant place - Forecast today - 27-05-2024

Economies.com
2024-05-27 11:27AM UTC

Didi Global’s stock price (DIDIY) fell in the intraday levels, amid negative pressure from the 50-day SMA, with negative signals from the RSI after reaching overbought levels, amid the dominance of the main upward trend in the short term, with the stock trading alongside the trend line.

 

Therefore we expect more losses for the stock, targeting the pivotal support of $4.38. 

 

Trend forecast: Bearish 

Blackstone price leans on SMA support - Forecast today - 27-05-2024

Economies.com
2024-05-27 11:27AM UTC

Blackstone’s stock price (BX) inched up in the intraday levels, after leaning on the support of the 50-day SMA, lending the stock some positive momentum, with positive signals from the RSI after reaching oversold levels compared to the stock’s movements, amid the dominance of the main upward trend in the medium term.

 

Therefore we expect more gains for the stock, targeting the first resistance at $128.00, provided the support of $122.20 holds on.

 

Trend forecast: Bullish 

 

 

Baker Hughes receives some support - Forecast today - 27-05-2024

Economies.com
2024-05-27 11:26AM UTC

Baker Hughes Company’s stock price (BKR) rose in the intraday levels after leaning on the support of the upward short-term trend line, coupled with positive signals from the RSI after reaching oversold levels, with the stock attempting to shake off negative pressure from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the resistance of $33.55, provided the support of $31.85 holds on.

 

Trend forecast: Likely Bullish 

Update: Calm trades affected by the financial markets

Economies.com
2024-05-27 05:29AM UTC

The major currencies’ pairs and commodities show weak trades since morning, affected by the financial markets’ holidays, to keep the suggested scenarios in our recent reports valid without any change, and we recommend to review them to check the expected targets and trends for the upcoming period.