Lululemon Athletica (LULU) stabilized higher in its latest intraday trading, supported by positive signals from the relative strength indicators after reaching heavily oversold levels. This upward movement, however, brought the stock into contact with resistance at its previous 50-day simple moving average, while the medium-term downtrend continues to dominate.

Therefore, we expect the stock price to decline in its upcoming trading sessions, as long as it remains below the $186.90 resistance level, targeting the key support at $159.75 in preparation for a potential break lower.

Today’s price forecast: Bearish.

Goldman Sachs Group, Inc (GS) surged higher in its latest intraday trading, successfully breaking above the key resistance level of $816.12. The stock continues to receive positive support from trading above its 50-day simple moving average, within a short-term uptrend and along an ascending support line. In addition, positive signals are appearing on the relative strength indicators, despite remaining in overbought territory.

Therefore, we expect the stock price to rise in its upcoming trading sessions, particularly as long as it remains above $816.12, targeting the first resistance level at $880.75.

Today’s price forecast: Bullish.

Bitcoin (BTCUSD) prices witnessed fluctuated trading on their last intraday levels, after they rose in early trading for today, to reach the resistance of its EMA50, accompanied by the retesting bullish corrective trend line on the short-term basis, supported by the emergence of the positive signals on the relative strength indicators.

Brent crude oil prices rose in their last trading on the intraday levels, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis, attempting to recover some previous losses, and attempts to offload its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there.