Nu Holdings’ stock price (NU) rose in latest intraday trading, confirming the breach of the main downward trend line in the medium term, while boosted by trading above the 50-day SMA, coupled with positive signals from the Stochastic despite settling at overbought levels, with the price about to close the price gap that it made recently in the short term.
Therefore we expect more gains for the price, targeting the resistance of $13.30, provided it settles above $12.00.
Today’s price forecast: Bullish
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Docusign’s stock price (DOCU) edged lower in the last session, hurt by bumping into the resistance of the 50-day SMA, amid the dominance of the downward correctional trend in the short term, with negative signals from the Stochastic after reaching overbought levels compared to the price’s movements, hinting at negative divergence.
Therefore we expect the price to decline and target the support of $74.25, provided the resistance of $86.75 holds on.
Today’s price forecast: Bearish
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Enphase Energy’s stock price (ENPH) fell in latest intraday trading, amid the dominance of the main downward trend as the price trades alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic.
Therefore we expect more losses for the price, targeting the first support at $40.00, provided the resistance of $51.60 holds on.
Today’s price forecast: Bearish
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Abbott Laboratories' stock price (ABT) edged higher in latest intraday trading, amid the dominance of the main upward trend in the medium term, with positive signals from the Stochastic as the price managed to vent off overbought saturation there, as the price also tried to shake off negative pressure from the 50-day SMA and achieve true recovery.
Therefore we expect the price to rise and target the pivotal resistance of $141.75, provided it settles firmly above $128.25.
Today’s price forecast: Bullish
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