Litecoin’s currency price (LTCUSD) returned higher in the intraday levels, while trying to pierce the current resistance of $89.17, amid the dominance of the upward correctional trend in the short term, with positive pressure due to trading above the 50-day SMA, but countered with negative signals from the RSI after reaching overbought levels.
We still expect the price to gain more ground, especially if the aforementioned resistance of $89.17 was breached, thus targeting the next one at $112.98.
Trend forecast for today: Bullish
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American Airlines Group’s stock price (AAL) extended the gains in the intraday levels, amid the dominance of the upward correctional trend in the short term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the pivotal resistance of $15.84, provided the support of $13.42 holds on.
Trend forecast for today: Bullish
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MONGDB’s stock price (MDB) fell in the intraday levels while gathering momentum to rise anew, as it also vented off overbought saturation in the RSI with negative signals streaming out of it, while it leaned on the upward correctional trend line in the short term, as it also leaned on the support of the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of $324.70, provided the support of $271.66 holds on.
Trend forecast for today: Likely Bullish
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SAP SE’s stock price fell in the intraday levels while seeking a bottom to bounce it higher, as it also leaned on the support of the 50-day SMA, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI after reaching oversold levels.
Therefore we expect the stock to return higher and target the pivotal resistance of $243.00, provided the support of $217.50 holds on.
Trend forecast for today: Likely Bullish
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