Robinhood Markets’ stock price (HOOD) edged slightly lower in its latest session, as the stock attempts to gather positive momentum that may help it rise anew. This comes amid the dominance of the main upward trend in the medium term and trading alongside a short-term rising trend line, with ongoing positive pressure from trading above the 50-day SMA. The stock is also reacting to a forming positive divergence on the Stochastic, after it reached extremely oversold levels relative to the price movement, with early positive signals starting to emerge.

High-Risk Warning: HOOD belongs to a category of so-called "meme stocks," which are often subject to high speculative trading. As a result, price movements can frequently deviate from both technical expectations and financial reports, and may be highly unpredictable.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $89.90 holds on, targeting the first resistance level at $110.50.

Today’s price forecast: Bullish

Citigroup, Inc.’s stock price (C) edged slightly lower in latest intraday trading, with negative signals streaming from the Stochastic, despite it being in extremely oversold territory — exaggerated relative to the stock’s movement. The price is now attempting to find a higher bottom that could serve as a launch point for a renewed upward move, supported by ongoing positive pressure from trading above the 50-day SMA, amid the dominance of the main upward trend in the medium term and trading alongside a short-term rising trend line.

Therefore we expect the stock to rise in upcoming trading, as long as it remains above $84.75, targeting the resistance level of $92.65.

Today’s price forecast: Bullish

Lyft, Inc.’s stock price (LYFT) extended its decline in latest intraday trading, breaking below a short-term upward correctional trend line, in parallel with falling beneath the 50-day SMA — both moves intensifying the negative pressure on upcoming trades. This drop is also accompanied by negative signals streaming from the Stochastic, after it had previously reached extremely overbought levels.

Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $16.45 holds on, targeting the pivotal support level of $14.20.

Today’s price forecast: Bearish

FedEx Corporation’s stock price (FDX) declined in latest intraday trading, with negative signals streaming from the Stochastic as the stock attempts to vent off its overbought saturation. This may allow it to gather positive momentum that could help it recover and rise anew, amid the dominance of a short-term upward correctional trend and trading alongside a rising trend line. Ongoing dynamic support from trading above the 50-day SMA continues to uphold the positive outlook.

Therefore we expect the stock to rise in upcoming trading, as long as it remains above the support level of $229.70, targeting the resistance level of $253.50.

Today’s price forecast: Bullish