Ultra Beauty’s stock price (ULTA) fell in the intraday levels after managing to vent off oversold saturation in the RSI, amid the dominance of the main downward trend in the medium term, with negative pressure from trading below the 50-day SMA.
Therefore we expect more losses for the stock, targeting the pivotal support of $331.74, provided the resistance of $401.80 holds on.
Trend forecast for today: Bearish
Morgan Stanley’s stock price (MS) extended its losses in the intraday levels, amid negative signals from the RSI, while seeking a bottom to bounce it higher anew, as it also gathers positive momentum, thus leaning on the support of the 50-day SMA, and also leaning on the upward secondary trend line in the short term.
Therefore we expect the stock to return higher, targeting the resistance of $142.00, provided the support of $127.66 holds on.
Trend forecast for today: Likely Bullish
The EURCHF price faced the negative pressures recently to notice providing frequent positive closings above the additional support at 0.9380, to rally above the MA55 again by touching 0.9385.
Also, stochastic attempt to provide the positive momentum will increase the chances of forming new bullish waves to attempt to target more positive stations that start at 0.9440 and 0.9470 levels.
The expected trading range for today is between 0.9380 and 0.9440
Trend forecast: Bullish
Despite natural gas price stability above the minor bullish channel’s support line at 3.950$, the lack of the positive momentum pushed the price to form correctional negative rebound to settle near 4.040$ now.
We expect the price to witness instability until gathering the positive momentum to reinforce the chances of achieving some gains by rallying towards 4.300$ followed by surpassing the recently recorded high at 4.500$.
The expected trading range for today is between 4.000$ and 4.300$
Trend forecast: Bullish