Verizon Communications’ stock price (VZ) extended its gains in latest intraday trading while managing to shake off negative pressure from the 50-day SMA, amid the dominance of the upward short-term trend, with positive signals from the Stochastic.
Therefore we expect more gain for the price, targeting the pivotal and near resistance at $45.35.
Today’s price forecast: Bullish
Mattel’s stock price (MAT) fell in latest intraday trading on profit-taking, while gathering positive momentum and venting off overbought saturation in the Stochastic, amid the dominance of the upward secondary wave in the short term, while buoyed due to trading above the 50-day SMA.
Therefore we expect the price to rise in upcoming trading, as long as it settles above $19.00, targeting the pivotal resistance of $22.00.
Today’s price forecast: Bullish
International Seaways’ stock price (INSW) fell in latest intraday trading amid the dominance of the upward correctional wave in the short term, while previously buoyed by piercing the main downward trend line in the medium term, as the price is also boosted by trading above the 50-day SMA, while trying to vent off overbought saturation in the Stochastic as negative signals emerged from it.
Therefore we expect the price to rise and target the pivotal resistance of $42.00, provided the support of $35.00 holds on.
Today’s price forecast: Bullish
The price of (ETHUSD) declined in its recent intraday trading, gaining its last rises to attempt to offload some of its clear overbought signals on the (RSI), with the emergence of the negative signals, gathering its positive strength that might assist it to recover and rise again, amid the main bullish trend domination and its trading alongside a minor bias on the short-term basis.