Pfizer’s stock price (PFE) rose in latest intraday trading and tackled the pivotal resistance of $24.50, amid the dominance of the upward correctional wave in the short term, with ongoing positive pressure due to trading above the 50-day SMA, coupled with positive divergence from the Stochastic after reaching oversold levels compared to the stock’s movements. 

Therefore we expect the stock to rise as long as it breaches the aforementioned resistance of $24.50, targeting the next one at $26.50.

Today’s price forecast: Bullish

The price of (ETHUSD) declined in its recent intraday trading, after finding difficulty to breach the critical resistance level at$2,450, accompanied by breaching reaching the resistance of EMA50. This tactical decline made the price gain the required positive momentum that assisted the price to breach it, and it succeeded in offloading its clear overbought condition on the (RSI), and it is entering exaggerated oversold levels compared by the price limited movement, which means that the end of the gathering stations is approached, amid the effects of the price by breaching a bearish correctional trend line on the short-term basis.

The price of (BTCUSD) kept rising in its intraday levels, supported by its continuous trading above it EMA50, affected by surpassing the bearish correctional channel’s range that was confining its previous trading on the short-term basis, providing continuous positive momentum for the continuation of its rise, despite the emergence of the negative signals on the (RSI), after reaching overbought conditions, the dominance of the positive momentum supports offloading this condition and resuming the rise.

The price of (Brent) declined in its last intraday trading, getting ready to break its current support at $66.50, after it succeeded in its previous moves to recover some of its previous losses, and offloading its clear oversold conditions on the (RSI), after the stability of this support due to gaining some positive momentum by leaning on it, amid the dominance of a bearish correctional wave that indicates the dominance of the selling strength and suggesting more of the downside moves.