Lennar Corporation (LEN) stock price recorded a decline in its latest intraday trading, as the price fell below its 50-day SMA, effectively ending near-term recovery attempts. This comes amid the dominance of the main medium-term bearish trend, with price moving alongside a trendline supporting this path, in addition to negative signals emerging from the Stochastic indicator.
Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $118.10, targeting the key support level at $102.80.
Today’s price forecast: Bearish
BTCUSD price witnessed fluctuating trading on its last intraday levels, attempting to gain bullish momentum to help it to breach the current resistance at $68,000, attempting to offload its overbought conditions on relative strength indicators, especially with the emergence of the negative signals from them, affected by breaching minor bearish trend line on short-term basis, supported by its trading above EMA50, reinforcing the chances of resuming its gains in the upcoming period.
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