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

The price of (ETHUSD) settles on gains in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, under the dominance of the bullish trend on the short-term basis, and its trading alongside supportive trend line for this trend, attempting to get rid of the negative pressure of EMA50, announcing its recovery and extending its intraday gains.

Brent crude oil’s prices kept rising in its last intraday trading, to breach $63.80 resistance, which was an expected target in our previous analysis, supported by its continuous trading above EMA50, reinforcing the stability and strength of the bullish track on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals from the relative strength indicators, after reaching overbought levels, which might reduce the upcoming gains.

BTCUSD’s price settles with strong gains in its recent intraday trading, surpassing the negative pressure of EMA50, which prevented the price recovery previously, amid the dominance of the bullish trend on the short-term basis, with its trading alongside supportive trend line for this trend, besides the emergence of the positive signals from the relative strength indicators, reinforcing the chances of extending the gains on the near-term basis.