UnitedHealth Group Incorporated (UNH) rose in its latest intraday trading, supported by ongoing moves above the 50-day SMA and under the influence of a short-term corrective uptrend. In addition, the RSI is showing early signs of a bullish crossover after previously reaching oversold levels, hinting at a developing positive divergence that strengthens upside potential.
Therefore, we expect the stock to rise in upcoming intraday trading, as long as it holds above 326.55, targeting the resistance level at 376.85.
Today’s price forecast: Bullish.
The price of (ETHUSD) fluctuated sharply in its last intraday trading, due to the stability of the critical support at $4,100, amid the dominance of minor bearish wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the relative strength indicators reaching overbought levels, which suggest forming negative divergence, intensifying the negative pressure around the price.
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The price of (BTCUSD) fluctuated on its last intraday levels, with the stability of the key support at $112,000, providing renewed positive momentum, especially with the emergence of the positive signals on the relative strength indicators, reaching overbought levels, exaggeratedly compared to the price movement, indicating that the bullish momentum has faded quickly, amid the dominance of minor bearish wave on the short-term basis.
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Brent crude oil prices rose in its last intraday trading, despite the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, which might obstruct reinforcing the rise on the near-term basis, amid the dominance of minor bullish wave, indicating the strength of the buying power domination, especially with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending the gains.
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