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Johnson & Johnson price pierces pivotal resistance - Forecast today - 05-08-2025

Economies.com
2025-08-05 12:07PM UTC
AI Summary
  • Johnson & Johnson's stock price broke through key resistance at $168.85 in latest trading
  • Stock remains in short-term upward trend supported by bullish pressure
  • Forecast predicts stock price to continue rising, targeting next resistance level at $177.80

Johnson & Johnson's stock price (JNJ) turned green in the latest intraday trading, successfully breaking through the key resistance level at $168.85. The stock remains under the control of a short-term upward trend, trading along a rising slope and supported by sustained bullish pressure from holding above the 50-day SMA. The recent rise also follows a successful cooling of overbought signals on the Relative Strength Indicators, giving the stock greater room to pursue further gains.

 

Therefore, we expect the stock price to continue rising in upcoming sessions, especially as long as it remains above $168.85, targeting the next resistance level at $177.80.

 

Today’s price forecast: Bullish.

 

 

 

 

 

 

HomeDepot price extends gains - Forecast today - 05-08-2025

Economies.com
2025-08-05 12:07PM UTC

Home Depot Inc.'s stock price (HD) advanced in the latest intraday trading, receiving a positive boost after rebounding from support at the 50-day SMA. This added bullish momentum came amid the dominance of a short-term upward wave, with the stock trading along a rising trendline. Additionally, a positive crossover has begun to appear in the Relative Strength Indicators, following a successful cooling of prior overbought signals.

 

Therefore, we expect the stock price to rise in upcoming sessions, as long as support at $365.75 holds, targeting the key resistance level at $389.75 in preparation to challenge it.

 

Today’s price forecast: Bullish.

 

 

 

 

 

 

AbbVie price readies to tackle important resistance - Forecast today - 05-08-2025

Economies.com
2025-08-05 12:07PM UTC

AbbVie Inc.'s stock price (ABBV) advanced in the latest intraday trading, preparing to challenge the key resistance level at $198.98. This move is supported by positive signals from the Relative Strength Indicators, along with the dominance of an upward trend as the stock continues to trade along a short-term ascending support line. The stock also benefits from dynamic support provided by trading above the 50-day SMA, reinforcing the stability of its bullish momentum.

 

Therefore, we expect the stock price to rise in upcoming sessions, especially if it breaks above the mentioned resistance at $198.98, targeting the next key resistance level at $216.65.

 

Today’s price forecast: Bullish.

 

 

 

 

 

 

 

T-Mobile price returns higher - Forecast today - 05-08-2025

Economies.com
2025-08-05 12:06PM UTC

T-Mobile US Inc.'s stock price (TMUS) resumed its upward movement in the latest intraday trading, supported by dynamic strength from trading above the 50-day SMA. The stock remains under the control of a primary upward trend, moving along a short-term ascending support line. Additionally, it has successfully relieved overbought pressure as indicated by the Relative Strength Indicators, which supports the stability of its short-term bullish momentum.

 

Therefore, we expect the stock price to rise in upcoming trading sessions, as long as the support level at $231.55 holds, targeting the resistance level at $251.75 in preparation to challenge it.

 

Today’s price forecast: Bullish.