Tesla’s stock price (TSLA) fell in latest intraday trading while attempting to retest the main upward trend line that was breached previously, as the price also tests the resistance of $271.00, amid negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels compared to the price’s movements, hinting at a negative divergence, which would heap more negative pressures on the stock.

Therefore we expect more losses for the stock, targeting the support of $217.00, provided the resistance of $271.00 holds on.

Today’s price forecast: Bearish

Goldman Sachs’ stock price (GS) tumbled in latest intraday trading, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, while a negative divergence forms in the Stochastic after reaching overbought levels compared to the price’s movements. 

Therefore we expect more losses for the price, targeting the support of $527.50, provided the resistance of $611.90 holds on.

Today’s price forecast: Bearish

American Airlines Group’s stock price (AAL) fell in latest intraday trading amid the dominance of the downward correctional trend in the short term, as the price trades alongside a highly steep trend line, while a negative divergence forms in the Stochastic after reaching overbought levels compared to the price’s movements, bolstering the negative scenario. 

Therefore we expect more losses for the price, targeting the support of $10.47, provided the resistance of $12.17 holds on.

Today’s price forecast: Bearish

Silver price rose in latest intraday trading while gathering positive momentum after leaning on the support of the 50-candle SMA, amid the dominance of the main upward trend in the short term, as the price moves alongside the trend line.