MongoDB, Inc. (MDB) inched higher in its latest intraday trading after previously pulling back from the key resistance at $370.00 — the same level we had identified as a price target in earlier analyses. The stock found support at its 50-day simple moving average, which provided enough positive momentum to turn early-session losses into slight gains by the end of trading. It now appears ready to retest that resistance level, supported by the continued dominance of the short-term main uptrend.
Therefore, we expect the stock price to rise in the coming sessions, especially if it breaks above the $370.00 resistance level, targeting the next resistance at $432.00.
Today’s price forecast: Bullish
Apple (AAPL) dipped slightly in its latest intraday trading, with negative signals appearing on the RSI indicators as the stock attempts to gather positive momentum to recover and resume its gains. This comes while it continues to benefit from the positive support of trading above its 50-day simple moving average, reinforcing the dominance and stability of the main short-term uptrend, especially with its movement along primary and secondary upward trendlines.
Therefore, we expect the stock price to rise in the coming sessions, as long as the support level of $260.00 remains intact, targeting the first resistance level at $285.00.
Today’s price forecast: Bullish
The price of Oklo (OKLO) declined in its latest intraday trading, pressured by a bearish technical structure forming on the short-term charts — a head and shoulders pattern. This comes alongside continued negative pressure from its trading below the 50-day simple moving average, which reduces the stock’s chances of a sustainable recovery in the near term. In the background, we also note the persistence of negative signals from the RSI indicators, despite their stabilization in heavily oversold areas.
Therefore, we expect the stock price to decline in the coming sessions, as long as it remains below the resistance level of $110.00, targeting the support level of $69.55 as the projected price objective of the head and shoulders pattern.
Today’s price forecast: Bearish
The price of (ETHUSD) extended its early gains in its last trading on the intraday basis, affected by the stability of the key support at $3,060, gaining bullish momentum by the emergence of the positive signals on the relative strength indicators, recovering some of its previous losses, amid the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, with the relative strength indicators reaching exaggerated overbought levels compared to the price move, indicating a quick fading for the bullish momentum.