General Motors Company (GM) continued to rise in its latest intraday trading under full dominance of the main ascending trend on both the medium and short terms, with the price moving alongside primary and secondary upward trendlines that support this trajectory. The stock also maintains strong positive pressure from trading above its 50-day SMA. However, we note the emergence of a negative crossover on RSI indicators after reaching extremely overbought levels, which may limit the stock’s upcoming gains.

Therefore we expect the stock to rise in its upcoming trading, especially as long as it remains above the support level of $72.85, targeting the next resistance at $82.25.

Today’s price forecast: Bullish

The price of (ETHUSD) settles with gains on the intraday trading, attempting to breach the current resistance at $3,370, supported by its trading above EMA50, and under the dominance of the bullish corrective trend on the short-term basis and its trading alongside supportive main and minor trend line for this trend, on the other hand, we notice the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, reducing the upcoming gains unless its breaches the above mentioned resistance.

Bitcoin (BTCUSD) prices declined in its last intraday trading, due to the stability of the key resistance at $94,000, attempting to gain the required bullish momentum to help it breach the resistance, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish corrective trend on the short-term basis and its trading alongside trend line.

Brent crude oil’s price declined on the recent intraday trading, due to the stability below the key resistance at $62.10, confirming the negative scenario with dynamic pressure that is represented by its trading below EMA50, affected by exiting minor bullish channel range that limited its previous trading on the short-term basis, offloading some clear oversold conditions on the relative strength indicators.