Ripple’s currency price (XPRUSD) fell in the intraday levels while trying to gather positive momentum to rise anew, amid the dominance of the main upward trend in the short term, as it traded above the 50-day SMA, and with positive signals from the RSI after reaching oversold levels compared to the price’s movements, hinting at positive divergence.
Therefore we expect the price to return higher, targeting the important resistance of $2.90550, provided the support of $1.89910 holds on.
Trend forecast for today: Likely Bullish
Costco Wholesale Corporation’s stock price (COST) inched lower in the intraday levels, while trying to seek a bottom to bounce it higher anew, as it leaned on the support of the 50-day SMA, sending the stock upwards and trimming the losses, with a surge in trading volumes, amid the dominance of the main upward trend in the medium term, while the RSI reached oversold levels compared to the stock’s movements.
Therefore we expect the stock to return higher, targeting the important resistance of $1008.25, provided the support of $923.83 holds on.
Trend forecast for today: Likely Bullish
CVS Health Corporation’s stock price (CVS) inched higher in the intraday levels while trying to recoup some recent losses, as it also tried to vent off oversold saturation in the RSI with positive signals coming out of it, amid the dominance of the main downward trend in the medium term, with negative pressure due to trading below the 50-day SMA.
Therefore we expect the price to return lower, targeting the support of $34.00, provided the resistance of $52.90 holds on.
Trend forecast for today: Likely Bearish
eBay’s stock price (EBAY) rose in the intraday levels, accompanied by a surge in trading volumes, amid the dominance of the main upward trend in the medium term, with positive pressure from trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the pivotal and near resistance of $67.80.
Trend forecast for today: Bullish