Dollar General Corporation (DG) stock price recorded further gains in its latest intraday trading, benefiting from dynamic support represented by trading above its SMA50, which reinforces the strength and stability of the main upward trend on both the medium and short term. In the background, positive signals continue to emerge from the RSI, supporting the current upward momentum.
Therefore we expect the stock price to rise in upcoming trading, as long as the $132.80 support level remains intact, to target the first resistance level at $155.00.
Today’s price forecast: Bullish
Domino’s Pizza Inc. (DPZ) stock price recorded a sharp rise in its latest intraday trading, supported by the beginning of incoming positive signals from the RSI after forming a positive divergence following its move into extremely oversold levels in an exaggerated manner compared to price action. This provided the stock with positive momentum that helped drive these gains, as it attempts through this move to shake off the negative pressure from its SMA50, signaling its intention to extend its corrective gains in the coming period.
Therefore we expect the stock price to rise in upcoming trading, provided that the $397.00 support level holds, to target the key resistance at $442.00.
Today’s price forecast: Bullish
Gilead Sciences, Inc. (GILD) stock price recorded gains in its latest intraday trading, amid the dominance of the main upward trend with price action moving along a supportive short-term minor trend line. This move is supported by incoming positive signals from the RSI after it reached oversold levels, as the stock attempts through this rise to shake off the negative pressure from its SMA50 and signal a full recovery.
Therefore we expect the stock price to rise in upcoming trading, as long as the $118.17 support level remains intact, to target the key resistance at $128.70.
Today’s price forecast: Bullish
Lululemon Athletica (LULU) stock price recorded gains in its latest intraday trading, amid continued dynamic support from trading above its SMA50, which reinforces the stability and strength of the short-term corrective upward trend. In addition, a positive divergence has begun to form on the RSI after it reached extremely oversold levels in an exaggerated manner compared to price action, alongside the start of a positive crossover.
Therefore we expect the stock price to rise in upcoming trading, as long as the $188.50 support level holds, to target the $234.85 resistance level.
Today’s price forecast: Bullish