Zcash's currency price rose in latest intraday trading amid attempts to recoup some recent losses with the dominance of the downward correctional trend in the short term, while also impacted by trading below the 50-candle SMA, while the Stochastic reached overbought levels compared to the price's movement, hinting at negative divergence.
Therefore we expect the price to fall in upcoming trading as long as the resistance of $46.35 holds on, targeting the support of $39.80.
Today’s price forecast: Bearish
T-Mobile US stock price extended its losses in latest intraday trading amid the dominance of the downward correctional trend in the short term and with negative pressure due to trading below the 50-candle SMA, piercing the pivotal support of $231.00, but countered with positive signals emerging from the Stochastic after reaching oversold levels, thus curbing gains.
Therefore we expect more losses for the price as long as it settles below $231.00, targeting the support of $208.40.
Today’s price forecast: Bearish
AbbVie's stock price edged lower in the intraday levels while gathering momentum to rebound and rise anew as it also tries to vent off overbought saturation in the Stochastic as negative signals start streaming out of it, amid the dominance of the secondary upward trend, and with positive pressure due to trading above the 50-candle SMA.
Therefore we expect the price to rise and target the pivotal resistance of $198.98, provided the support of $184.25 holds on.
Today’s price forecast: Bullish
Home Depot's stock price skidded in latest intraday trading, hurt by falling below the 50-candle SMA with the dominance of the downward trend as the price trades alongside the short term trend line, with negative signals streaming out of the Stochastic despite reaching oversold levels.
Therefore we expect more losses for the price as long as the resistance of $372.30 holds on, targeting the first support at $345.40.
Today’s price forecast: Bearish