Home Depot, Inc. (HD) stock price continued to decline in its latest intraday trading, amid the dominance of the main bearish trend in the medium term, while moving alongside a short-term trend line supporting this path, with continued negative pressure from trading below its 50-day SMA, which increases the surrounding negative pressure on the stock, while in the background we notice the beginning of a negative crossover appearing on the Stochastic indicators after the stock managed to relieve its oversold condition, opening the door for further declines in the near term.

Therefore we expect the stock price to decline in its upcoming trading, as long as it remains below the $320.00 resistance level, targeting the main support level at $300.00.

Today’s price forecast: Bearish

AbbVie (ABBV) stock price jumped sharply higher in its latest intraday trading, as the stock continues to be influenced by a positive technical formation that had formed earlier in the short term, namely a falling wedge pattern, while attempting through this rise to overcome the negative pressure from its 50-day SMA, aided by the beginning of positive signals emerging from the Stochastic indicators after the stock successfully relieved its overbought condition, giving it greater ability to extend these gains in the near term.

Therefore we expect the stock price to rise in its upcoming trading, as long as it holds above the $200.00 support level, targeting the first resistance level at $220.00.

Today’s price forecast: Bullish

NVIDIA Corporation (NVDA) stock price continued to rise in its latest intraday trading, confirming through this performance its breakout above the key resistance level at $211.00, benefiting from the positive support generated by trading above its 50-day SMA, amid the dominance of the main upward trend in the medium term, while we also notice continued positive signals from the Stochastic indicators.

Therefore we expect the stock price to rise in its upcoming trading, especially as long as it remains above the $211.00 level, targeting the next resistance level at $240.00.

Today’s price forecast: Bullish

Ethereum price (ETHUSD) declined during its recent intraday trading after encountering resistance at EMA50, which exposed the price to negative pressure. This came with a retest of a short-term upward trendline that the price had previously broken.

In the background, we also notice the beginning of a negative crossover on the relative strength indicators after reaching heavily overbought levels, which further increases the negative pressure surrounding the price.