Micron Technology (MU) rose in its latest intraday trading, supported by the beginning of positive signals from the RSI indicators after reaching extremely oversold levels, along with ongoing positive momentum from trading above its 50-day SMA. All of this comes under the dominance of the main short-term ascending trend.

Therefore we expect the stock to rise in its upcoming trading, as long as it remains above the support level of $192.40, targeting the pivotal resistance level of $257.00.

Today’s price forecast: Bullish

The price of (ETHUSD) witnessed fluctuated trading on its last intraday levels, settling with strong gains affected by the dynamic support that is represented by its trading above EMA50, attempting to breach main bearish trend line on the short-term basis, the emergence of negative overlapping signals decelerate the rise, after reaching overbought levels, where the price begins to offload some of these conditions before rising in the upcoming period.

Bitcoin (BTCUSD) prices rose during the last intraday trading, amid the dominance of bullish corrective wave on the short-term basis that is represented by its trading above EMA50, on the other hand we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which may reduce the upcoming gains.

Brent crude oil price rose in its last intraday trading, attempting to correct the main bearish trend, amid its trading alongside supportive trend line for this track on the short-term basis, putting it under negative pressure due to its trading below EMA50, reducing the chances of its recovery in the upcoming period, especially with the emergence of the negative overlapping signals on the relative strength indicators, after reaching overbought levels, intensifying the negative pressure on the price.