Ulta Beauty’s stock price (ULTA) continued rising in latest intraday trading, amid the dominance of the main upward trend in the short term, with ongoing positive pressure due to trading above the 50-day SMA. Additionally, we notice positive signals streaming from the Stochastic after reaching extremely oversold levels.
Therefore we expect the stock to rise further in upcoming trading, as long as the support of $452.00 holds on, targeting the resistance level of $501.00.
Today’s price forecast: Bullish
Morgan Stanley’s stock price (MS) rose in latest intraday trading, attacking the pivotal resistance level of $142.00 amid the dominance of the main upward trend and trading alongside a short-term rising trend line, supported by continuous trading above the 50-day SMA. However, in contrast, we notice the Stochastic reaching extremely overbought levels, which may cap upcoming gains.
Therefore we expect the stock to rise in upcoming trading, provided it first breaches the resistance level of $142.00, targeting the next resistance at $154.90.
Today’s price forecast: Bullish
Dell Technologies’ stock price (DELL) rose in latest intraday trading, after successfully venting off its apparent overbought saturation on the Stochastic in previous moves, amid the dominance of the upward correctional trend in the short term, with ongoing positive support due to trading above the 50-day SMA.
Therefore we expect the stock to rise in upcoming trading, as long as it remains above the price of $116.60, targeting the resistance level of $129.65.
Today’s price forecast: Bullish
The price of (ETHUSD) witnessed fluctuated moves in its recent intraday trading, amid the dominance of the bullish correctional trend on the short- term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), after reaching overbought levels, decelerating the price gains and led to this clear fluctuation.