Victoria’s Secret & Co.’s stock price (VSCO) edged slightly lower in latest intraday trading, after touching the resistance of the 50-day SMA, as it attempts to gather positive momentum that may help it overcome ongoing negative pressure. The stock continues to trade alongside a short-term upward correctional trend line, supported by positive signals streaming from the Stochastic.

Therefore we expect the stock to rise in upcoming trading, provided the support level of $18.40 holds on, targeting the pivotal resistance of $23.80.

Today’s price forecast: Bullish

The price of (ETHUSD) rose in its recent intraday trading, amid the dominance of the bullish correctional trend on the short-term basis, with the continuation of the positive pressure that comes from its trading above the EMA50, which represents an obstacle against the last period’s declines, this rise comes with the emergence of the positive signals on the (RSI), after reaching oversold levels.

The price of (BTCUSD) extended its gains in its intraday levels, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, taking advantage of its lean on the support of its EMA50, which represents a dynamic support that keeps the stability of the positive situation on the intraday levels, amid the dominance of the bullish correctional trend on the short-term basis.

The price of (Brent) fluctuated in its last intraday trading, due to the emergence of the negative signals on the (RSI), after reaching overbought levels to attempt to offload this condition, besides the continuation of the positive support due to its trading above EMA50, despite the fluctuation the price confirms breaching the current resistance at $68.70 by holding above it, providing strong positive signal for the price momentum to rise.