|
Qualcomm price between a rock and a hard place - Forecast today - 02-12-2025
Qualcomm Incorporated (QCOM) declined slightly in its latest intraday trading after touching the resistance of its previous 50-day SMA, while the main short-term ascending trend continues to dominate, with the price moving alongside a supporting trendline. In addition, we note the arrival of positive signals from the RSI indicators after they had earlier reached extremely oversold levels.
Therefore we expect the stock to rise in its upcoming trading, but under the important condition that it remains above the support level of $159.10, targeting the first resistance level at $177.00.
Today’s price forecast: Bullish
Amgen price tries to gather positive momentum - Forecast today - 02-12-2025
Amgen (AMGN) declined in its latest intraday trading as the stock attempts to acquire positive momentum that may help it recover and rise again. This comes amid ongoing dynamic support provided by its trading above the previous 50-day SMA, and under the dominance of the main short-term ascending trend with the price moving alongside a secondary trendline. We also note the early arrival of positive signals from the RSI indicators.
Therefore we expect the stock to rise in its upcoming trading, especially as long as it remains above the support level of $330.35, targeting the resistance level of $355.00.
Today’s price forecast: Bullish
Forecast update for Ethereum -02-12-2025
The price of (ETHUSD) settled with limited gains in its last intraday trading, supported by the emergence of positive signals on the relative strength indicators, after reaching oversold levels, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis.
Forecast update for bitcoin -02-12-2025
Bitcoin (BTCUSD) prices declined its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on the short-term basis and its trading alongside supportive trend line for this trend, besides the reaching of relative strength indicators to the overbought levels, exaggeratedly compared to the price move, to indicate forming negative divergence.