Uber Technologies’ stock price rose in the last session amid the dominance of the upward trend, as the price trades alongside the trend line with positive signals emerging from the Stochastic, thus readying to tackle the resistance of $73.40, as the price also tries to shake off negative pressure from the 50-day SMA and recover completely.
Therefore we stand neutral until the stock moves on the resistance of $73.40, with a breach confirming the price’s upward momentum, thus targeting the pivotal resistance of $82.14.
Today’s price forecast: Neutral
AirBNB’s stock price (ABNB) edged higher in the last session, boosted by positive signals from the Stochastic, amid negative pressure due to trading below the 50-day SMA, with the dominance of the main downward trend in the medium and short terms.
Therefore we expect the price to decline in upcoming trading, provided the resistance of $125.65 holds on, targeting the psychological support of $100.00 anew.
Today’s price forecast: Bearish
Shopify’s stock price (SHOP) fell amid the dominance of the downward correctional trend in the short term as the price trades alongside the trend line, with ongoing negative pressure due to trading below the 50-day SMA, countered with positive signals from the Stochastic after reaching oversold levels, helping the price trims most early losses.
Therefore we expect the price to fall in upcoming trading, provided the resistance of $92.20 holds on, targeting the important support of $77.00.
Today’s price forecast: Bearish
Silver price rises strongly in the recent intraday trading, to confirm breaching the current resistance level at $32.00, this rise came after the price successfully relieved its overbought conditions, which occurred by the (RSI), amid the dominance of a bullish correctional wave on the short- term basis along the trend line.