Dell Technologies’ stock price (DELL) rose in latest intraday trading, bumping into the resistance of the 50-day SMA, amid the dominance of the main downward trend as the price trades alongside the secondary short-term trend line, with negative signals emerging from the Stochastic after reaching overbought levels, doubling negative pressures.
Therefore we expect the stock to decline and target the support of $86.90, provided the resistance of $101.30 holds on.
Today’s price forecast: Bearish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Nvidia Corporation’s stock price (NVDA) rose in latest intraday trading, trespassing the resistance of the 50-day SMA in an important step aimed at shaking off its negative pressure, with the price tackling the pivotal resistance of $115.10, representing a major fork in the road that will decide the path ahead, with the dominance of the upward correctional trend, coupled with positive signals from the Stochastic despite reaching overbought levels.
Therefore we expect more gains for the price, provided the aforementioned resistance of $115.10 is reliably breached, targeting the next one at $129.00.
Today’s price forecast: Bullish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Generac Holdings’ stock price (GNRC) edged higher in latest intraday trading and tested the pivotal resistance of $115.65, amid the dominance of the main downward trend in the short term, with ongoing negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels.
Therefore we expect the stock to return lower and target the support of $99.50, provided the resistance of $115.65 holds on.
Today’s price forecast: Bearish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
The price of Ethereum (ETHUSD) managed to recover a large portion of its early-week losses on the intraday levels, stabilizing once again above the key resistance level of $1,800. This indicates resilience against further decline, especially with the emergence of positive signals from the Relative Strength Index (RSI), which has entered oversold territory.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.