QUALCOMM Incorporated (QCOM) stock continued to climb in its latest intraday trading, benefiting from dynamic support provided by trading above its previous 50-day SMA. The move was fueled by positive signals from RSI indicators, all within the context of a short-term corrective uptrend and trading along an upward sloping line supporting this path.
Therefore, we expect the stock to rise in its upcoming trading, targeting the key and near resistance level of 163.60 in preparation to test it.
Today’s price forecast: Bullish
Amgen Inc. (AMGN) stock advanced in its latest intraday trading, with the short-term uptrend remaining dominant and trading along a minor upward sloping line supporting this path. Relative Strength Index indicators have started to show positive signals after reaching highly oversold levels. With its latest rise, the stock is attempting to overcome the negative pressure from its previous 50-day SMA, signaling a full recovery.
Therefore, we expect the stock to rise in its upcoming trading, as long as the 281.65 support level holds, targeting its first resistance level at 299.50.
Today’s price forecast: Bullish
The price of (ETHUSD) settles with gains in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a minor support bias line for this track, besides the emerging of the positive signals on the (RSI), after reaching oversold levels.
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The price of (BTCUSD) rose in its last intraday levels, taking advantage of the support of its EMA50, attempting to recover some of its losses yesterday, to offload some of its clear oversold levels on the (RSI), especially with the emergence of the positive signals from there, but the price remains affected by breaking a minor bullish trend line on the short-term basis, taking into consideration the continuation of the negative scenario and its rebound at any moment.
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