Paramount Global’s stock price (PARA) edged higher in the intraday levels while trying to pierce the resistance of $11.46, while boosted by piercing the main downward medium-term trend line previously, and by trading above the 50-day SMA, and venting off overbought saturation in the RSI.
Therefore we expect more gains for the stock, provided the resistance of $11.46 is reliably breached, thus targeting the next one at $12.84.
Trend forecast for today: Bullish
Lululemon Athletica’s stock price (LULU) kept rising in the intraday levels, amid the dominance of the upward correctional trend in the short term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, provided it settles firmly above $322.15, targeting the first resistance at $368.36.
Trend forecast for today: Bullish
Goldman Sachs’ stock price (GS) fell in the intraday levels on profit-taking, while venting off overbought saturation in the RSI as negative signals stream out of it, with the stock gathering momentum to rise anew, amid the dominance of the main upward trend in the medium term, with positive pressure due to trading above the 50-day SMA.
Therefore we expect the stock to return higher and target the resistance of $647.00, provided the support of $527.46 holds on.
Trend forecast for today: Likely Bullish
FLOW/USD currency price inched higher in the intraday levels after leaning on the support of the 50-day SMA, lending the price positive momentum, especially after piercing the downward secondary trend line in the short term recently, while also venting off overbought saturation in the RSI.
Therefore we expect the price to rise and target the important resistance of $0.707, provided the support of $0.507 holds on.
Trend forecast for today: Bullish