Honeywell price readies to tackle pivotal resistance - Forecast today - 07-07-2025
AI Summary
- Honeywell International Inc.'s stock price (HON) is poised to challenge the pivotal resistance level of $242.77, with positive pressure from trading above the 50-day SMA.
- Negative signals are emerging from the Stochastic indicator, suggesting potential corrective pullbacks before breaching the resistance.
- The forecast for today's price is bullish, with expectations for the stock to rise after breaking through $242.77 and targeting $260.00.
Honeywell International Inc.’s stock price (HON) extended its rise in latest intraday trading, preparing to attack the pivotal resistance level of $242.77, amid the dominance of the main upward trend in the short term and trading alongside a rising trend line. The stock also maintains ongoing positive pressure due to trading above the 50-day SMA. However, in contrast, we notice negative signals starting to stream from the Stochastic after reaching extremely overbought levels, which raises the possibility of some corrective pullbacks aiming to vent off this saturation and gather the positive momentum needed to breach that resistance.
Therefore we expect the stock to rise in upcoming trading, provided it first breaches the aforementioned resistance of $242.77, targeting the next resistance at $260.00.
Today’s price forecast: Bullish
Moderna price rises cautiously - Forecast today - 07-07-2025
Moderna’s stock price (MRNA) inched higher in latest intraday trading, attacking the current resistance level of $31.12 amid the dominance of an upward correctional wave in the short term, supported by trading above the 50-day SMA and positive signals streaming from the Stochastic, despite it reaching extremely overbought levels.
Therefore we expect the stock to rise in upcoming trading, provided it first breaches the aforementioned resistance of $31.12, targeting the next one at $36.75.
Today’s price forecast: Bullish
Forecast update for Ethereum -07-07-2025
The price of (ETHUSD) declined slightly in fluctuated trading in its recent intraday levels, attempting to gain positive momentum that might assist it to keep the bullish correctional trend, with its trading alongside a bias line on the short-term basis, attempting to offload some of its clear overbought levels on the (RSI), especially with the emergence of the negative signals, amid the continuation of the positive pressure due to its trading above EMA50.
Forecast update for Bitcoin -07-07-2025
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