Lululemon Athletica’s stock price (LULU) rose in latest intraday trading, amid the dominance of the upward correctional trend in the short term, with ongoing positive pressure due to trading above the 50-day SMA, while the Stochastic reached oversold levels compared to the price’s movements, granting the price more positive momentum.
Therefore we expect the stock to rise and target the first resistance at $351.40, provided the support of $304.80 holds on.
Today’s price forecast: Bullish
Goldman Sachs’ stock price (GS) rose in latest intraday trading, amid the dominance of the upward secondary wave in the short term, with ongoing positive pressure due to trading above the 50-day SMA, while a positive divergence forms in the Stochastic after reaching oversold levels compared to the price’s movements.
Therefore we expect the stock to rise, provided the resistance of $611.90 is breached, targeting the pivotal resistance of $672.00.
Today’s price forecast: Bullish
The price of (ETHUSD) rose in its recent intraday trading, taking advantage of the dynamic support that is represented by its trading above its EMA50, with the emergence of the positive signals on the (RSI),after its success in offloading the overbought conditions, providing bigger space to achieve more of the gains, amid the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis.
The price of (BTCUSD) rose slightly in its recent intraday trading, with the emergence of positive overlapping signals on the (RSI), after reaching oversold levels, to hit the resistance of its EMA50, which formed a fluctuated pressure that prevents the price recovery in the last period, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line.