(IOTAUSDT) tests a top of bearish correctional channel - Today’s forecast- 07-05-2025
The (IOTAUSDT) price rose sharply in its last intraday trading, supported by the emergence of the positive signals on the (RSI), to notice reaching overbought levels, indicating the slowness of this positive momentum. The price reached by its last rise to hit the resistance of its EMA50, accompanied by testing the top of a bearish correctional channel on a short-term basis.
Therefore, our expectations suggest the return of the downside moves in the upcoming trading, if the resistance level settles at $0.22, to target the key support level at $0.19
Price Forecast for Today: Bearish
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(UAL) suffers negative pressure - Today’s forecast- 07-05-2025
The United Airlines Holdings stock (UAL) declined in its last intraday trading, affected by hitting the resistance of the EMA50 of (UAL), which forces to rebound, especially with the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, this comes amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside the bias line.
Therefore, our expectations suggest more of the downside moves in the upcoming trading, if the resistance level settles at $77.60, to target the support level at $65.65
Stock Price Forecast for Today: Bearish
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(BA) is in a truce to catch its breath- Today’s forecast- 07-05-2025
Boeing company stock (BA) declined in its last intraday trading, to gather the gains of its last rises, and attempts to gain a positive momentum that might assist it to recover and rise again, by offloading some of its overbought conditions on the (RSI), especially with the appearance of negative overlapping signals, amid the dominance of a strong bullish wave on the short- term basis, with the continuation of the positive support that comes from its trading above EMA50.
Therefore, our expectations suggest a price rise in the upcoming trading, if the support level settles at $177.65, to target the critical resistance at $192.65.
Stock Price Forecast for Today: Bullish
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(MKC) suffers negative pressures- Today’s forecast- 07-05-2025
McCormick & Incorporated company (MKC) declined in its last intraday trading, amid the domination of the of a bearish correctional wave on the short-term basis and its trading alongside the bias line, with the continuation of the negative pressure that comes from its trading below EMA50,the beginning of a negative divergence formation on the (RSI) is increasing the negative pressures on the stock, after reaching exaggerated overbought levels compared to the price movement, with the beginning of the negative signals emergence.
Therefore, our expectations suggest more of the downside moves in the upcoming trading, if the resistance level settles at $77.00, to target the initial support at $73.75, preparing for breaking it.
Stock Price Forecast for Today: Bearish
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