Polygon price exposed to negative pressure - Forecast today - 25-12-2024
Polygon’s price (MATICUSDT) inched lower in the intraday levels after bumping into the resistance of the 50-day SMA, amid the dominance of the main upward trend in the medium term, while managing to vent off oversold saturation in the RSI.
Therefore we expect the price to decline and target the first support at $0.4400, provided the resistance of $0.5812 holds on.
Trend forecast for today: Bearish
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GitLab price tries to shake off negative pressures - Forecast today - 25-12-2024
GitLab’s stock price (GTLB) stabilized higher in the intraday levels, amid the dominance of the upward correctional trend in the short term, with positive signals in the RSI after reaching oversold levels, as it tries to shake off negative pressure from the 50-day SMA.
Therefore we expect the stock to rise and target the first resistance at $66.10, provided the support of $55.48 holds on.
Trend forecast for today: Bullish
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MicroStrategy price returns higher - Forecast today - 25-12-2024
MicroStrategy Incorporated’s stock price (MSTR) returned higher in the intraday levels, buoyed by trading above 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 more gains for the stock, targeting the first resistance at $437.60, provided the support of $317.00 holds on.
Trend forecast for today: Bullish
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Palo Alto price tries to vent off oversold saturation - Forecast today - 25-12-2024
Palo Alto Networks’ stock price (PANW) rose in the intraday levels while trying to recoup some recent losses, as it also tried to vent off oversold saturation in the RSI with positive signals coming out of it, while hurt by piercing the secondary upward trend line in the short term, with negative pressure from trading below the 50-day SMA.
Therefore we expect the stock to return lower, provided it settles firmly below the resistance of $192.00, thus targeting the support of $178.00.
Trend forecast for today: Likely Bearish
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