General Motors Company’s stock price (GM) fell in a volatile session, at which it pared most of its earlier gains, accompanied by a surge in trading volumes, with the stock eventually giving in to negative pressure after bumping into the resistance of the 50-day SMA, amid the dominance of the downward short-term trend, while a negative divergence forms in the Stochastic after reaching overbought levels.

Therefore we expect more losses for the price, targeting the support of $41.60, provided the resistance of $48.40 holds on.

Today’s price forecast: Bearish

Blackrock’s stock price (BLK) rose in latest intraday trading, testing the downward trend line in the short term, and coinciding with touching the resistance of the 50-day SMA, bolstering the strength of this area as a resistance against the stock’s gains, especially with negative signals streaming from the Stochastic after reaching overbought levels compared to the price’s movements. 

 Therefore we expect the price to decline the first support at $887.00, provided the pivotal resistance of $929.00 holds on.

Today’s price forecast: Bearish

Ethereum price (ETHUSD) moves in limited fluctuated range on the intraday level, to target gaining the required positive momentum to help it to breach the stubborn resistance at $1,800, supported by the domination of the bullish correctional trend on the short-term basis, and with a continuous positive pressure due to its trading above EMA50.

Bitcoin (BTCUSD) rose in its last intraday trading, after it succeeded in offloading its clear overbought conditions on the (RSI), getting dynamic support from its continuous trading above its EMA50, and under the domination of the main bullish trend on the short-term basis.