MongoDB, Inc. (MDB) stock price recorded a slight pullback in its latest intraday trading, as the stock attempts to build positive momentum that could help it recover and move higher again. This comes amid continued dynamic support from trading above its SMA50, which reinforces the dominance and stability of the main short-term upward trend, especially as price action moves along a supportive minor trend line. In addition, a positive crossover has begun to appear on the RSI after it reached oversold levels.

Therefore we expect the stock price to rise in upcoming trading, as long as the $394.00 support level holds, to target the key resistance at $440.00.

Today’s price forecast: Bullish

Apple Inc. (AAPL) stock price recorded a slight advance in its latest intraday trading, as the stock attempts to recoup part of its previous losses while also trying to unwind some of its clear oversold conditions on the RSI, especially with the beginning of incoming positive signals. This comes amid continued negative pressure from trading below its SMA50, which represents dynamic resistance that limits the stock’s chances of achieving a full recovery in the near term.

Therefore we expect the stock price to decline in upcoming trading, especially if it breaks below the current $260.10 support level, to target the key support at $248.70.

Today’s price forecast: Bearish

The price of (ETHUSD) declined in its last intraday trading, witnessing natural profit-taking phase with attempts to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, to help it gain bullish momentum that keeps the main bullish trend on the short-term basis, amid its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis.

Brent crude oil’s prices surged higher in its last intraday trading, to breach $65.00 resistance, which was an expected target in our previous analysis, amid the dominance of the main bullish trend on the short-term basis, with the continuation of the positive pressure due to its trading above EMA50, noticing the emergence of positive signals from the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains in the upcoming period.