|
Palo Alto price pierces current resistance - Forecast today - 13-05-2025
Palo Alto Networks’ stock price (PANW) rose in latest intraday trading and managed to pierce the current resistance of $191.00, amid ongoing positive support due to trading above the 50-day SMA, while boosted by exiting a descending correctional price channel that guided recent short-term trading.
Therefore we expect more gains for the price, provided the resistance of $191.00 is reliably breached, targeting the next one at $207.
Today’s price forecast: Bullish
Forecast update for Ethereum -13-05-2025
The price of (ETHUSD) rose in its recent intraday trading, amid the dominance of the main bullish trend on the short-term basis, with the emergence of the positive signals on the (RSI), after reaching oversold levels, preparing to attack the key resistance at $2,540.
MoreForecast update for Bitcoin -13-05-2025
The price of (BTCUSD) rose in its recent intraday trading, affected by the stability of the support at $102,000, supported by its continuous trading above the EMA50, with the formation of a positive divergence on the (RSI), after reaching exaggerated oversold levels compared to the price move, with the beginning of positive signals appearance from there, to support achieving more of the gains.
MoreForecast update for Brent Crude oil -13-05-2025
The price of (Brent) rose in its recent intraday trading, after it succeeded to find a rising bottom to use it as a base for its recovery, amid its movement alongside a bullish correctional trend line on the short-term basis, supported by its trading above its EMA50, besides entering the (RSI) an exaggerated oversold levels compared by the price movement.
More