IOTA’s currency price (IOTAUSDT) rose in latest intraday trading, supported by positive signals from the Stochastic after reaching **extremely oversold** levels, as it attempts to vent off that saturation. However, the price was met with resistance at the 50-period SMA, amid the dominance of the main downward trend and trading alongside a short-term descending trend line — which adds to the negative pressure on the price.

Therefore we expect the currency to decline in upcoming intraday trading, as long as the resistance of 0.1647 holds on, targeting the pivotal support of 0.1393.

Today’s price forecast: Bearish

Enphase Energy, Inc.’s stock price (ENPH) inched higher in latest intraday trading, as it attempts to correct the main downward trend while moving alongside a short-term rising trend line, with the price touching the resistance of the 50-day SMA. This comes alongside negative signals streaming from the Stochastic after reaching overbought levels, adding further negative pressure on upcoming movements.

Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $51.63 holds on, targeting the support level of $31.30.

Today’s price forecast: Bearish

General Motors Company’s stock price (GM) jumped higher in latest intraday trading, amid the dominance of the upward correctional trend in the short term and trading alongside a rising trend line, supported by positive signals from the Stochastic despite reaching strongly overbought levels, and benefiting from dynamic support due to trading above the 50-day SMA — which reinforces the stock’s stable positive path.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $47.63 holds on, targeting the pivotal resistance of $54.85.

Today’s price forecast: Bullish

BlackRock, Inc.’s stock price (BLK) continued rising in latest intraday trading, while moving alongside a sharply inclined short-term upward trend line, reflecting strong positive momentum surrounding the stock, with ongoing positive pressure from trading above the 50-day SMA. However, in contrast, we notice negative signals streaming from the Stochastic after reaching strongly overbought levels, which may cap upcoming gains.

Therefore we expect the stock to rise in upcoming trading, targeting the nearby pivotal resistance of $1,082.45.

Today’s price forecast: Bullish