Under Armour, Inc. (UAA) stock price recorded extended gains in its latest intraday trading, under the dominance of a short-term corrective upward trend, while continuing to trade above its SMA50, which provides dynamic support for this move. In addition, a positive divergence has begun to form on the RSI after it reached extremely oversold levels in an exaggerated manner compared to price action, with early positive signals starting to appear.

Therefore we expect the stock price to rise in upcoming trading, as long as the $5.64 support level holds, to target the key resistance at $7.47.

Today’s price forecast: Bullish

The price of (ETHUSD) declined in its last intraday trading, surrendering to the negative pressures, first: the continuation of the dynamic pressure that is represented by its trading below EMA50, with the dominance of the main bearish trend on short-term basis, after offloading its oversold conditions on relative strength indicators, ending the bullish momentum.

Brent prices declined on their last intraday levels, with the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on short-term basis, especially with its trading alongside supportive trend line, to attempt to decline to gather the gains of its previous rises, attempting to offload some of its clear overbought conditions from relative strength indicators, especially with the emergence of negative signals from there, to gather its positive strength again.

BTCUSD price declined in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on short-term basis, after offloading its oversold conditions on relative strength indicators reaching exaggerated overbought levels compared to the price move, indicating a quick decline in the positive momentum and suggest deepening its losses in the upcoming period.