Lyft's stock price edged lower in latest intraday trading on profit-taking while gathering momentum to rebound and rise anew, as the price tries to vent off overbought saturation in the Stochastic, amid the dominance of the main upward wave in the short term, while the price is buoyed by the positive technical pattern that is the Falling Wedge.
Therefore we expect the price to rise in upcoming trading as long as the support of $15.35 holds on, targeting the pivotal resistance of $19.00.
Today's price forecast: Bullish
The Fedex Corporation stock price fell in latest intraday trading after attacking the dynamic resistance at the main downward trend line in the short term while gathering positive momentum to breach it, as the price also tried to vent off overbought saturation in the Stochastic after emitting negative signals, while buoyed by trading above the 50-candle SMA.
Therefore we expect the price to rise in upcoming trading as long as it settles above $222.30, targeting the resistance of $265.00.
Today's price forecast: Bullish
The price of Ethereum (ETHUSD) declined in its recent intraday trading, affected by the stability of the resistance level at $2,700, to gather the gains of its last rises, attempting to offload some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals emergence, to gather its positive strength that might assist it to breach the mentioned resistance.
The price of (Bitcoin) declined in its recent intraday trading, affected by the emergence of the negative signals on the (RSI), after reaching overbought levels and attempting to offload this overbought conditions, to open the way towards achieving more of the rises, amid the domination of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the dynamic support that is represented by its trading above its EMA50.