Target price readies to tackle pivotal resistance - 28-07-2026

Snowflake Inc. (SNOW) advanced in recent intraday trading and is now preparing to challenge the key resistance level at $280.65. The stock continues to trade above its 50-day Simple Moving Average (SMA), which is acting as dynamic support and reinforcing the primary short-term uptrend. Meanwhile, momentum indicators are beginning to form a bullish divergence after reaching extremely oversold levels relative to the stock's price action, with fresh bullish signals now starting to emerge, further supporting the positive technical outlook.

(ETHUSD) prices settles with series of sharp losses in its last intraday trading, after surpassing EMA50’s support, putting it under negative pressure that led it to break a main bullish trend line on the short-term basis, noticing the negative signals emergence from the relative strength indicators despite reaching oversold levels, which intensifies the negative pressures on the price and suggest more declines on the near-term basis.

Brent crude oil prices deepened its losses on their latest intraday trading, reaching $83.00 support, this support was our last expected target, affected by breaking a bullish trend line on the short-term basis, with a continued dynamic pressure due to its trading below EMA50, on the other hand, we notice the beginning of positive signals emergence from the relative strength indicators, after reaching oversold levels, which helped the price to settle temporarily, due to its neediness to offload some of the oversold conditions before resuming its losses in the near upcoming period.