Meta Platforms’ stock price dipped in latest intraday trading and collected recent short-term gains, while trying to gather momentum to rebound and rise anew, as it also vented off overbought saturation in the Stochastic as negative signals emerge from it, amid the dominance of the upward short-term wave, coupled with positive support due to trading above the 50-day SMA, forming a dynamic support for the price.
Therefore we expect the stock to rise and target the pivotal resistance of $740.90, provided the support of $662.70 holds on.
Today’s price forecast: Bullish
Microsoft Corp’s stock price (MSFT) rose in latest intraday trading and pierced the pivotal resistance of $468.35, amid the complete dominance of the main upward trend in the short term, with dynamic support due to trading above the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels.
Therefore we expect the stock to rise, especially if the resistance of $468.35 is reliably breached, targeting the next one at $502.00.
Today’s price forecast: Bullish
Intel’s stock price (INTC) rose in latest intraday trading in an attempt to vent off oversold saturation in the Stochastic as positive signals emerge from it, while bumping into the resistance of the 50-day SMA, exposing the price to negative pressure, especially amid the dominance of the main downward trend as the price trades alongside the secondary short-term trend line.
Therefore we expect the price to fall and target the pivotal support of $18.75, provided the resistance of $22.40 holds on.
Today’s price forecast: Bearish
The price of (ETHUSD) settled with a rise in its recent intraday trading, attempting to gain a positive momentum and offloading some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals, preparing to attack the critical resistance at $2,730, amid the main bullish trend on the short- term, with the continuation of the dynamic support that is represented by its trading above its EMA50.