Zcash’s currency price (ZECUSDT) fell in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA, coupled with negative divergence from the RSI after reaching overbought levels compared to the price’s movements, thus sending out negative signals.
We expect more losses for the price, targeting the pivotal support of $24.40, provided the resistance of $38.98 holds on.
Trend forecast for today: Bearish
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T-Mobile US’s stock price (TMUS) edged lower in the intraday levels on profit-taking, while trying to gather positive momentum to rise anew, amid the dominance of the main upward trend in the medium term, with positive support from trading above the 50-day SMA, while the stock managed to vent off overbought saturation in the RSI, sending out positive signals.
Therefore we expect the stock to rise anew, provided the current resistance of $271.40 was reliably breached, thus targeting the next one at $292.00.
Trend forecast for today: Likely Bullish
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AbbVie’s stock price (ABBV) extended its gains in the intraday levels, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI despite settling at overbought levels, while readying to tackle the pivotal resistance of $207.30, as the stock is buoyed by trading above the 50-day SMA.
Therefore we expect more gains for thestock, targeting the pivotal resistance of $207.30, with a chance of a correction at or near this barrier.
Trend forecast for today: Neutral
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Abbott Laboratories’ stock price (ABT) kept rising in the intraday levels, buoyed by a positive divergence that’s starting to form in the RSI after reaching oversold levels, coupled with positive signals out of it, andamid the dominance of the main upward trend in the medium term, with positive pressure due to trading above the 50-day SMA.
Therefore we expect more gains for the stock, targeting the pivotal resistance of $141.75, provided it settles above the support of $128.25.
Trend forecast for today: Bullish
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