Tesla price pierces ceiling of positive technical pattern - Forecast today - 12-05-2025
Tesla’s stock price (TSLA) rose in latest intraday trading, buoyed by trading above the 50-day SMA and managing to pierce the pivotal resistance of $291.85, representing the neckline of a positive technical pattern that’s forming in the short term, the Double Bottom pattern, while the price managed to vent off overbought saturation in the Stochastic, with positive signals emerging once again from it.
Therefore we expect more gains for the price, provided it settles above $291.85, targeting the resistance of $358.65 as a price target for the Double Bottom pattern.
Today’s price forecast: Bullish
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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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