Lyft, Inc. (LYFT) stock price recorded gains in its latest intraday trading, as the stock attempts to recover part of its previous losses while also trying to ease some of its clear oversold conditions on the Stochastic indicator, especially with the beginning of a positive crossover. However, negative pressure remains in place as the stock continues to trade below its 50-day SMA, reinforcing the stability and dominance of the short-term corrective bearish trend, while moving alongside a trendline supporting this path.

Therefore we expect the stock price to decline during its upcoming trading sessions, especially if it breaks below the current support level at $13.16, targeting the next support level at $11.40.

Today’s price forecast: Bearish

FedEx Corporation (FDX) stock price recorded gains in its latest intraday trading, supported by the continued dynamic support represented by trading above its 50-day SMA, which reinforces the stability and dominance of the main bullish trend in the short term, especially as price moves alongside a minor upward trendline supporting this path. The recent rise came after the stock managed to unload its overbought conditions on the Stochastic indicator, giving it more room to extend gains in the near term.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $363.00 remains intact, targeting the main resistance level at $400.00.

Today’s price forecast: Bullish

The price of (ETHUSD) declined in its last trading on intraday basis, to continue its fluctuating trading in limited sideways range, suffering due to its trading below EMA50, reinforcing the stability and dominance of the main bearish trend, on the other hand, we notice the emergence of positive signals from relative strength indicators, after reaching oversold levels.

Brent prices extended their gains in their last intraday trading, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this track, to breach $70.30 key resistance, amid the continuation of the continued dynamic support due to its trading above EMA50, reinforcing the chances of extending the gains on near-term basis.