Litecoin’s currency price (LTCUSD) fell in the intraday levels amid negative signals from the RSI while gathering positive momentum to rise anew, amid the dominance of the upward correctional trend in the short term, with positive pressure due to trading above the 50-day SMA.
Therefore we expect the price to return higher, targeting the pivotal resistance of $112.98, provided the support of $89.174 holds on.
Trend forecast for today: Likely Bullish
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Walmart’s stock price (WMT) fell in the intraday levels on profit-taking, away from a high at $90.91, while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium term, with the stock trading alongside the secondary short-term trend line, and with positive pressure due to trading above the 50-day SMA.
Therefore we expect the stock to return higher and target the psychological barrier of $100.00, provided the support of $83.32 holds on.
Trend forecast for today: Likely Bullish
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Applied Materials’ stock price (AMAT) returned lower in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, while managing to vent off oversold saturation in the RSI.
Therefore we expect the stock to return higher and target the important resistance of $213.00, provided the support of $189.57 holds on.
Trend forecast for today: Likely Bullish
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Kroger Company’s stock (KR) extended its gains in the intraday levels and confirmed the breach of the pivotal resistance of $58.34, amid the dominance of the main upward trend in the medium term, with positive pressure due to trading above the 50-day SMA, accompanied by a surge in trading volumes, and coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, provided it settles above $58.34, targeting the resistance of $64.10.
Trend forecast for today: Bullish
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