The (KR) Price breaks a bullish trend line- today’s forecast-20-06-2025
The price of Kroger Company (ZS) declined in its intraday trading, amid its affection by breaking the main bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below Its EMA50, accompanied by a clear increase in the trading volumes, which reinforces the chances for more of the losses, especially with the appearance of negative overlapping signals on the (RSI), after reaching overbought levels.
Therefore, our forecast suggests a decline in the (KR) price in its upcoming trading, if it breaks the significant support at $65.50, to reach the support level at $62.00.
Today’s forecast: Bearish
(Now) price attempts to gain a positive momentum- today’s forecast-20-06-2025
The price of ServiceNow Inc (NOW) declined in its intraday trading, amid the attempts of gaining positive momentum that might assist it to recover and rise again, amid the dominance of the bullish correctional trend on the short-term basis, taking advantage of the dynamic support that is represented by its trading above its EMA50, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.
Therefore, our forecast suggests a rise in (NOW) price in its upcoming trading, if the near support settles at $964.20, to target the critical resistance level at $1,046.00.
Today’s forecast: Bullish
The (AMD)price is in a truce to catch its breath- today’s forecast-20-06-2025
The price of the Advanced Devices Inc (AMI) declined in its recent intraday trading, gathering the gains of its previous rises, attempting to gain a positive momentum that might assist it to recover and rise again, amid the dominance of bullish correctional wave on the short-term basis and trading alongside a bias line, with the continuation of the positive pressure that comes from its trading above its EMA50.
Therefore, our forecast suggests a rise in the (AMI) price in its upcoming trading, if the support settles at $115.00, to target the resistance level at 145.30.
Today’s forecast: Bullish
Forecast update for Ethereum -20-06-2025
The price of (ETHUSD) rose in its recent intraday trading, attacking the current resistance level at $2,545, attempting to get rid of the negative pressure of the EMA50, and the last rise came supported by the positive signals emerging on the (RSI), amid the dominance of the sideways bias on the short-term basis, which created confused trading.