Cardano (ADAUSD) price recorded a decline in its latest intraday trading, after being affected by the earlier break of a short-term corrective bullish trendline. With its recent drop, the price has moved below its 50-day SMA, which increases the surrounding negative pressure, especially after the Stochastic indicator managed to ease part of its oversold conditions, giving the price room to record further losses in the near term.

Therefore we expect the cryptocurrency price to decline in its upcoming intraday trading sessions, as long as resistance at $0.2780 remains intact, targeting the first support level at $0.2485.

Today’s price forecast: Bearish

Baker Hughes Company (BKR) stock price recorded gains in its latest intraday trading, amid full dominance of the main bullish trend over both the medium and short term, with continued positive dynamic pressure resulting from trading above its 50-day SMA. In the background, the Stochastic indicator has reached deeply oversold levels relative to price action, signaling the potential entry of new positive momentum that could help the stock extend its gains in the coming period.

Therefore we expect the stock price to rise during its upcoming trading sessions, especially as long as it remains stable above $59.00, targeting the next resistance level at $65.00.

Today’s price forecast: Bullish

Robinhood Markets (HOOD) stock price recorded a decline in its latest intraday trading, amid the dominance of a short-term corrective bearish trend, with continued negative pressure resulting from trading below its 50-day SMA. In addition, the Stochastic indicator has entered extremely overbought territory relative to price action, suggesting the beginning of a negative divergence that adds to the surrounding downside pressure.

High-risk warning: HOOD belongs to a group of stocks known as meme stocks, which are characterized by strong speculative activity. As a result, price movements can frequently deviate from technical expectations or financial reports and may become highly unpredictable.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $88.60 remains intact, targeting the support level at $66.90.

Today’s price forecast: Bearish

Citigroup, Inc. (C) stock price recorded extended gains in its latest intraday trading, after previously rebounding from the support of a main medium-term bullish trendline, which provided positive momentum that helped drive these gains. The stock is now attempting to overcome the negative pressure from its 50-day SMA, supported by the beginning of a positive divergence on the Stochastic indicator after reaching deeply oversold levels relative to price action, alongside the emergence of a positive crossover.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $110.50 remains intact, targeting the key resistance level at $124.20.

Today’s price forecast: Bullish