WLD (WLDUSD) showed narrow sideways movements in its latest intraday trading, under continued negative pressure from trading below the 50-day SMA and within the dominance of the main short-term bearish trend, moving along a descending line. However, positive signals are appearing from the relative strength indicators, which have helped limit the cryptocurrency’s decline over the past period.
Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of 1.16815322 holds, targeting the key support level of 0.85800989, with strong chances of breaking below it.
Today’s price forecast: Bearish.
C3.ai, Inc (AI) stock advanced slightly in its latest intraday trading, under the influence of a short-term corrective bullish wave and supported by continued trading above the previous 50-day SMA, which provides dynamic support that reinforces the positive outlook around the stock. This comes alongside the formation of a positive divergence on the relative strength indicators after reaching excessively oversold levels compared to the price movement, with positive signals starting to appear from them.
Therefore, we expect the stock to rise in its upcoming trading sessions, especially as long as it remains above 18.64$, targeting the resistance level of 23.75$.
Today’s stock forecast: Bullish.
Advanced Micro Devices Inc (AMD) stock jumped higher in its latest intraday trading, under the dominance of the main short-term bullish trend and trading along an ascending line that supports this path. Continuous positive pressure is maintained from trading above the previous 50-day SMA, while a bullish crossover has started to appear on the relative strength indicators after the stock successfully corrected its overbought levels. This strengthens the prospects for extending gains in the near term.
Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of 203.00$ holds, targeting the resistance level of 265.00$.
Today’s stock forecast: Bullish.
Delta Air Lines, Inc (DAL) stock advanced in its latest intraday trading, preparing to attack the important resistance level of 63.33$, under the dominance of a short-term upward wave and trading along an ascending line. The move is supported by continued trading above the previous 50-day SMA, in addition to positive signals appearing from the relative strength indicators, despite reaching extremely overbought levels.
Therefore, we expect the stock to rise in its upcoming trading sessions, especially if it breaks above the mentioned resistance of 63.33$, targeting the key resistance level of 69.45$.
Today’s stock forecast: Bullish.