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Starbucks price extends gains - Forecast today - 29-01-2025

Economies.com
2025-01-29 10:53AM UTC

Starbucks Corporation’s stock price (SBUX) advanced in the intraday levels, while trading alongside the upward short-term trend line, while trading above the 50-day SMA, accompanied by a limited bump in trading volumes, while the RSI settled at overbought saturation, exposing the stock to negative pressure. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of $107.66, provided the support of $93.76 holds on.

 

Trend forecast for today: Bullish 

 

Alphabet price returns higher - Forecast today - 29-01-2025

Economies.com
2025-01-29 10:52AM UTC

Alphabet’s stock price (GOOG) returned higher in the intraday levels, amid the dominance of the main upward trend in the medium term, with the stock trading alongside the secondary short-term trend line, with positive pressure due to trading above the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, hindering upcoming gains. 

 

Therefore we expect more gains for the price, targeting the resistance of $205.60, provided the support of $184.00 holds on.

 

Trend forecast for today: Bullish 

Berkshire price collects profits - Forecast today - 29-01-2025

Economies.com
2025-01-29 10:52AM UTC

Berkshire Hathaway’s stock price (BRK.B) fell in the intraday levels on profit-taking, while gathering positive momentum to rise anew, amid the dominance of the main upward trend in the medium term, with positive pressure due to trading above the 50-day SMA, while the stock managed to vent off overbought saturation in the RSI.

 

Therefore we expect the stock to return higher and target the pivotal resistance of $491.65, provided the support  of $455.30 holds on.

 

Trend forecast for today: Likely Bullish 

Ethereum price (ETHUSD) forecast update - 29-01-2025

Economies.com
2025-01-29 09:09AM UTC

Ethereum price (ETHUSD) shows bullish bias to head towards potential test to the key resistance 3222.00$, which represents one of the next trend keys besides 3017.30$ support, and as we mentioned this morning, the price needs to surpass one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.

 

To review the details of the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 2970.00$ support and 3260.00$ resistance.

 

Trend forecast: Neutral