Tesla’s stock price (TSLA) fell in the intraday levels as it tries to gather positive momentum to rise anew, amid the dominance of the upward correctional trend in the short term, with positive pressure from trading above the 50-day SMA, while the RSI reached oversold levels compared to the stock’s movements, hinting at positive divergence. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $271.00, provided the support of $234.70 holds on.

Trend forecast: Likely Bullish

Also read: Will Tesla Stock (TSLA) Trading Remain The Best Investment Of The Electric Vehicle (EV) Sector In 2025?

Brent oil price is testing the key support 78.66$ and keeps its stability above it until now, affected by stochastic positivity, and the bullish trend still suggested for today as long as the price is above this level, as breaking it will push the price to turn to decline and achieve negative targets that reach 76.84$, while the next main target of the expected bullish wave is located at 81.61$.

The expected trading range for today is between 78.20$ support and 81.20$ resistance.

Trend forecast: Bullish

Crude oil price faces clear negative pressure now to attack 75.65$ level and attempts to hold below it, which urges caution from the upcoming trading, as confirming the break and getting four-hours’ close below it initially will put the price under negative pressure in the upcoming sessions to head towards testing 73.70$ areas before any new attempt to rise.

The price needs to trade above 75.65$ to revive the positive scenario that its next targets located at 77.00$ followed by 78.78$.

The expected trading range for today is between 74.60$ support and 77.60$ resistance

Trend forecast: Bullish

Silver price fluctuates around the EMA50, affected by stochastic negativity that hinders the mission to continue the rise, and as long as the price is above 31.00$, our bullish overview will remain valid for today, waiting to get positive motive that assist to push the price to achieve our targets that start at 31.70$ and extend to 32.50$.

The expected trading range for today is between 30.90$ support and 31.80$ resistance.

Trend forecast: Bullish