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Victoria's Secret price readies to tackle pivotal resistance - Forecast today - 28-08-2025

Economies.com
2025-08-28 12:44PM UTC
AI Summary
  • Victoria's Secret & Co. stock is preparing to test the key resistance level of 23.80
  • The stock is supported by trading above its previous 50-day SMA and a short-term corrective bullish trend
  • Positive divergence in Stochastic indicators suggests a potential rise in stock price, with a target resistance of 30.00.

Victoria’s Secret & Co. (VSCO) stock advanced in its latest intraday trading, preparing to test the key resistance level of 23.80. The stock is supported by continued trading above its previous 50-day SMA, while the short-term corrective bullish trend remains in control with trading along an upward slope line. In addition, we notice the beginning of a positive divergence in the Stochastic indicators after reaching excessively oversold levels relative to the price movement, with a positive crossover also starting to appear.

 

Therefore, we expect the stock to rise in its upcoming trading, especially if it breaks the mentioned resistance of 23.80, to then target its next resistance at 30.00.

 

Today’s price forecast: Bullish.

Zoom price starts recovering - Forecast today - 28-08-2025

Economies.com
2025-08-28 12:44PM UTC

Zoom Video Communications (ZM) stock rose in its latest intraday trading, following profit-taking from its previous gains and attempting to unwind part of its clear overbought levels in the Stochastic indicators, especially as negative signals have begun to emerge. The stock remains influenced by breaking a short-term corrective upward trend line, while benefiting from dynamic support provided by trading above its previous 50-day SMA.

 

Therefore, we expect the stock to rise in its upcoming trading, as long as the support level of 75.70 holds, to then target the key resistance level of 88.90.

 

Today’s price forecast: Bullish.

Forecast update for Ethereum -28-08-2025

Economies.com
2025-08-28 12:09PM UTC

The price of (ETHUSD) extended its gains in its last intraday levels, taking advantage of the renewed bullish momentum, due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for this track, to surpass the stubborn resistance at $4,575, supported by the emergence of the positive signals on the (RSI).

 

 

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Forecast update for Bitcoin -28-08-2025

Economies.com
2025-08-28 12:04PM UTC

The price of (BTCUSD) rose in its last intraday trading, to succeed in holding above the key resistance at $112,000, struggling to get rid of the negative pressure that is represented by its trading alongside a main bearish trend line on the short-term basis, accompanied by its attempt to surpass the EMA50, if it succeeds in that, the price will announce its full recovery from the negative pressures, opening the way for achieving more of the gain.

 

 

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