Nvidia price tries to vent off overbought saturation - Forecast today - 12-05-2025
Nvidia Corporation’s stock price (NVDA) inched down in latest intraday trading, as the price tries to gather positive momentum to rise anew, while also venting off overbought saturation in the Stochastic, as negative signals emerge from it, with the dominance of the upward correctional wave in the short term, coupled with positive pressure due to trading above the 50-day SMA.
Therefore we expect the price to gain ground, especially as it settles above $115.00, targeting the resistance of $129.00.
Today’s price forecast: Bullish
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Bristol-Myers Squibb price breaches current support- Forecast today - 12-05-2025
Bristol-Myers Squibb Company’s stock price (BMY) fell in latest intraday levels and breached the current support of $46.95, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels.
Therefore we expect more losses for the price, provided it settles below $46.95, targeting the support of $43.20.
Today’s price forecast: Bearish
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Duolingo price soars - Forecast today - 12-05-2025
Duolingo’s stock price (DUOL) rose in latest intraday trading, amid the dominance of the main upward trend in the medium term, and with positive pressure due to trading above the 50-day SMA, countered with negative signals from the Stochastic after reaching overbought levels, hindering upcoming gains.
We still expect more gains for the stock, targeting the next resistance at $550.00.
Today’s price forecast: Bullish
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Fortinet price exposed to negative pressure - Forecast today - 12-05-2025
Fortinet’s stock price (FTNT) fell in latest intraday trading, trespassing the support of the 50-day SMA and exposing the stock to more negative pressure, amid negative signals from the Stochastic after reaching overbought levels, and amid the dominance of the downward correctional wave in the short term.
Therefore we expect the price to decline and target the support of $91.25, provided the psychological resistance of $100.00 holds on.
Today’s price forecast: Bearish
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