Shiba Inu price tries to vent off overbought saturation - Forecast today - 03-12-2024
Shiba Inu’s currency price (SHIBUSDT) skidded in the intraday levels as the price tries to gather positive momentum to rise again, while venting off overbought saturation in the RSI with negative signals coming out of it, amid the dominance of the upward short-term trend, with positive pressure due to trading above the 50-day SMA.
Therefore we expect the price to return higher, provided the resistance of $0.00002820 was breached, targeting the next one at $0.00003947.
Trend forecast for today: Likely Bullish
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Texas Instruments price tries to recover - Forecast today - 03-12-2024
Texas Instruments Incorporated’s stock price (TXN) rose in the intraday levels with positive signals from the RSI after reaching oversold levels, and amid the dominance of the main upward trend in the medium term, while trying to shake off negative pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the pivotal resistance of $211.72, provided the support of $194.67 holds on.
Trend forecast for today: Bullish
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Bank of America price tries to vent off overbought saturation - Forecast today - 03-12-2024
Bank of America Corporation’s stock price (BAC) fell in the intraday levels while trying to vent off overbought saturation in the RSI with negative signals coming out of it, while gathering momentum to rise anew, amid the dominance of the main upward trend, as it trades alongside the secondary short-term trend line, with negative pressure from trading above the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of $50.00, provided the support of $44.44 holds on.
Trend forecast for today: Likely Bullish
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Pinterest price ends cautiously higher - Forecast today - 03-12-2024
Pinterest’s stock price (PINS) edged up in the intraday levels amid the dominance of the downward correctional trend in the short term, with negative pressure from trading below the 50-day SMA, while the RSI reached overbought levels compared to the stock’s movements.
Therefore we expect the stock to return lower, targeting the important support of $27.00, provided the resistance of $31.21 holds on.
Trend forecast for today: Likely Bearish
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