Victoria’s Secret & Co. (VSCO) continued to rise in its latest intraday trading, amid full dominance of the main ascending trend on the medium term, with the stock moving alongside major and minor trendlines. This move is supported by its continued trading above the 50-day SMA, reinforcing the prevailing bullish structure. However, on the other hand, RSI indicators have reached extremely overbought levels, which may weigh on the stock’s ability to extend its gains in the near term.

Therefore we expect the stock to continue rising in its upcoming trading, targeting the nearby resistance level at $58.25, with strong chances for a breakout.

Today’s price forecast: Bullish

Zoom Video Communications (ZM) declined in its latest intraday trading after the pivotal resistance level at $88.90 held, as the stock attempts to build positive momentum that may help it break through this resistance. At the same time, it is trying to relieve part of its clear overbought saturation on the RSI indicators, especially with the start of negative signal inflows. This comes amid the dominance of the main medium-term ascending trend, with the price moving alongside a supporting trendline, and continued dynamic support from trading above its previous 50-day SMA, which enhances the stock’s recovery prospects.

Therefore we expect the stock to rise in its upcoming trading, but only if it first breaks the mentioned resistance at $88.90, targeting thereafter the resistance level at $100.00.

Today’s price forecast: Bullish

CVS Health Corporation (CVS) held lower in its latest intraday trading as the stock attempts to acquire positive momentum that may help it recover and rise again. The recent decline pushed the price to lean on support from its previous 50-day SMA, under the dominance of the main medium-term ascending trend, with the stock moving alongside a supporting trendline.

Therefore we expect the stock to rise in its upcoming trading, as long as the support level at $75.95 remains intact, targeting the pivotal resistance level at $85.15.

Today’s price forecast: Bullish

The price of (ETHUSD) witnessed cautious fluctuating trading on the last intraday levels, as it is leaning on the support of bullish corrective trend line on the short-term basis, gaining bullish momentum to recover some of its previous losses, and attempting to offload some of its clear oversold conditions on the relative strength indicators, amid the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of the recovery on the near-term basis.