ETSY’s stock price kept rising sharply in latest intraday trading, piercing the resistance of $53.90, with a surge in trading volumes, and amid the dominance of the upward correctional trend in the short term, coupled with positive signals from the Stochastic despite reaching overbought levels.
Therefore we expect more gains for the price, targeting the pivotal resistance of $63.00, as long as the support of $53.90 holds on.
Today’s price forecast: Bullish
PVH Corp’s stock price (PVH) fell in latest intraday trading, amid negative signals from the Stochastic, while the price tries to gather positive momentum to rise anew, as the resistance of the $87.90 held its ground, with the dominance of the upward correctional trend in the short term, coupled with positive pressure due to trading above the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of $87.90, provided the support of $79.60 holds on.
Today’s price forecast: Bullish
American Express Company’s stock price (AXP) rose in latest intraday trading after leaning on the upward correctional trend line in the short term, lending the stock some positive momentum, with positive signals streaming from the Stochastic after reaching oversold levels compared to the stock’s movements, forming a positive divergence.
Therefore we expect the price to rise and target the pivotal resistance of $303.60, provided the support of $281.46 holds on.
Today’s price forecast: Bullish
Dollar General Corporation’s stock price (DG) edged lower in latest intraday trading, and leaned on the pivotal support of $97.00, while seeking a bottom to bounce it higher anew, as it also tries to vent off overbought saturation in the Stochastic with negative signals emerging from it, amid the dominance of the upward correctional trend in the short term.
Therefore we expect the stock to rise and target the resistance of $106.00, provided the support of $97.00 holds on.
Today’s price forecast: Bullish