Goodyear Tire & Rubber Company (GT) stock price recorded continued declines in its latest intraday trading, after being affected earlier by the break of a short-term corrective bullish trendline, which ended previous recovery attempts. Negative pressure remains in place as the stock continues to trade below its 50-day SMA. However, the Stochastic indicator has reached deeply oversold levels, which may limit some of the upcoming losses.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $8.35, targeting the first support level at $7.40.

Today’s price forecast: Bearish

Ripple (XRPUSD) price recorded strong gains in its latest intraday trading, amid the dominance of a short-term corrective bullish trend, with continued dynamic support represented by trading above its 50-day SMA. The price has also managed to overcome the negative pressure from this moving average, reinforcing the chances of extending its gains in the near term.

Therefore we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, as long as it remains stable above the support level at $1.3410, targeting the key resistance level at $1.4885.

Today’s price forecast: Bullish

Salesforce (CRM) stock price recorded slight gains in its latest intraday trading, as the stock attempts to correct the main bearish trend dominating both the medium and short term. Price continues to move alongside a main downward trendline, while negative pressure persists as the stock trades below its 50-day SMA. In addition, the Stochastic indicator is showing the early formation of a negative divergence after reaching extremely overbought levels relative to price action, accompanied by emerging negative signals.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $219.35 remains intact, targeting the support level at $176.30.

Today’s price forecast: Bearish

Take-Two Interactive Software, Inc. (TTWO) stock price recorded slight gains in its latest intraday trading, as the stock attempts to correct a steep short-term bearish wave. However, negative dynamic pressure remains in place as the price continues to trade below its 50-day SMA, which reduces the chances of a sustainable recovery in the near term. This also comes with the beginning of a negative crossover on the Stochastic indicator after reaching extremely overbought levels.

Therefore we maintain a neutral outlook for the stock’s upcoming trading sessions, as long as resistance at $231.50 remains intact, with the price expected to move toward the key support level at $192.00.

Today’s price forecast: Neutral