GitLab’s stock price (GTLB) rallied in latest intraday amid the dominance of the upward correctional trend in the short term, with ongoing positive pressure due to trading above the 50-day SMA, coupled with positive signals from the Stochastic, as the price readies to tackle the current resistance of $53.50.
Therefore we expect more gains for the price, especially if the resistance of $53.50 is breached, targeting the next one at $57.00.
Today’s price forecast: Bullish
Dick’s Sporting Goods’ stock price (DKS) rallied in latest intraday trading, managing to pierce the downward trend line in the short term, while trespassing the resistance of the 50-day SMA, thus shaking off all negative pressures in one go, with a surge in trading volumes, and positive signals from the Stochastic.
Therefore we expect more gains for the price, provided it settles above $199.00, targeting the first resistance at $239.30.
Today’s price forecast: Bullish
Adobe’s stock price (ADBE) rose in latest intraday trading, buoyed by piercing the downward secondary trend line previously in the short term, while managing to shake off negative pressure from the 50-day SMA, even as the Stochastic reached overbought levels, indicating the strength of the positive momentum.
Therefore we expect more gains for the price, provided the resistance of $405.77 is breached, targeting the next one at $435.50.
Today’s price forecast: Bullish
Blackstone’s stock price (BX) surged in latest intraday trading, amid the dominance of the upward correctional wave in the short term, while hurt by piercing the downward trend line previously, with the price boosted by trading above the 50-day SMA, accompanied by a surge in trading volumes, and with positive signals from the Stochastic despite reaching overbought levels.
Therefore we expect more gains for the price, provided the support of $137.50 holds on, targeting the resistance of $166.00.
Today’s price forecast: Bullish