Rivian price rallies - Forecast today - 15-04-2025
Rivian Automotive’s stock price (RIVN) surged in latest intraday trading after leaning on the upside trend line in the medium term, with positive signals streaming from the Stochastic after reaching oversold levels, as the price tries to shake off negative pressure from the 50-day SMA.
Therefore we expect more gains for the price, targeting the important resistance of $13.20, provided the support of $10.60 holds on.
Today’s price forecast: Bullish
Illumina price faces negative outlook - Forecast today - 15-04-2025
Illumina’s stock price (ILMN) edged higher in latest intraday trading as the price tries to recoup some recent losses, amid the dominance of the main downward trend in the short term, with negative pressure due to trading below the 50-day SMA, while the Stochastic reached overbought levels compared to the price’s movements.
Therefore we expect the price to return lower and target the first support at $67.50.
Today’s price forecast: Bearish
Alibaba price tries to recoup some losses - Forecast today - 15-04-2025
Alibaba Group Holdings’ stock price (BABA) rallied in latest intraday trading amid the dominance of the downward correctional wave in the short term, with negative pressure due to trading below the 50-day SMA, as the price tries to recoup some recent losses, as it also tries to vent off oversold saturation in the Stochastic.
Therefore we expect the price to return lower in upcoming trading, especially as it settles firmly below the resistance of $117.80, targeting the support of $94.00.
Today’s price forecast: Likely Bearish
Alchemy Pay price buoyed by positive technical pattern - Forecast today - 15-04-2025
Alchemy Pay’s currency price (ACHUSD) extended its gains in latest intraday trading, while buoyed by a positive technical pattern that formed in the short term, the Falling Wedge pattern, as the price also managed to shake off negative pressure from the 50-day SMA, countered with negative signals emerging from the Stochastic after reaching overbought levels, hindering upcoming gains.
Therefore we expect more gains for the price in upcoming trading, provided it settles firmly above $0.024388, targeting the pivotal resistance of $0.04184 as a price target for the Falling Wedge pattern.
Today’s price forecast: Bullish