GEHC recently began to pull back from 94.55 towards a support zone below 77, with the first major support around 75. If the stock holds above this level, it is highly likely to see a gradual rise toward the 100 and 120 target zones, potentially reaching these levels by June 2025. The stock has significant growth potential in the future if it manages to establish...
TOST stock has recently broken out of its base pattern, signaling a continuation of the upward trend with potential for further gains toward $65 or higher. As long as the stock remains above the key support zone of $35/$36, the long-term outlook remains bullish.
EURAUD is approaching a key support zone between 1.605 and 1.611. It is likely to bounce back toward the 1.62 to 1.63 area.
The EUR/USD currency pair has recently shifted from a downward trend to a more upward trajectory after hitting a low of 1.076. Currently, it is trying to maintain a position above 1.08. In the near term, it is likely to rebound off a support zone between 1.08 and 1.084, with price targets set for 1.09 and 1.092.
EURCHF has formed a strong base pattern between 0.93 and 0.937 and is likely to break out of this bottoming pattern in the near future toward 0.97. As long as EURCHF stays above 0.93, an upward trend remains possible.
USDCAD is approaching a critical resistance zone between 1.39 and 1.396. Despite the upward price movement appearing persistent, it seems unsustainable, indicating a potential downside move toward the 1.37 to 1.38 range. As long as USDCAD remains below 1.396, the potential for a downward shift is likely.
There are two possible scenarios for EUR/USD. The first scenario indicates signs of bottoming, with the potential for the pair to move straight up toward the 1.09 to 1.10 range. The second scenario involves a possible test of support around 1.078 before rebounding back toward the 1.09 to 1.10 area. As long as the price stays above 1.075, the outlook for EUR/USD...
IWM is likely to break through key resistance around 220, continuing its upward momentum toward 300 and 330. The stock seems to have formed a local bottom near 215, and as long as this level holds, the long-term upward trend is expected to persist.
EURUSD is expected to rebound in the key zone between 1.078 and 1.082, with a potential move upward toward the 1.105 to 1.115 range by the end of the quarter. As long as EURUSD holds above 1.08, the outlook for an upward trend remains likely.
PYPL stock has broken out of a bottom consolidation pattern, signaling a bullish shift toward the 110/120 zone. The stock shows signs of a trend reversal and the beginning of a new upward movement. As long as it stays above 75, the long-term bullish trend is likely to remain intact.
EURAUD has broken out of a downward trend, indicating a potential bullish movement toward 1.656 and 1.66. The bullish trend will remain intact as long as 1.618 holds
LULU stock appears oversold after a downward trend reached key support around $250. The stock seems to have bottomed over the past month. If it holds above the $250 support level, it is poised to break out of the consolidation pattern and move upward toward the resistance zone between $360 and $380.
BE's stock price shows signs of potential upside after forming a reversal pattern and finding support in the $10 to $10.6 zone. There is a possible move toward $15, and if it successfully breaks out of the downward trend, it could establish an upward trend.
RIVN is clearly in a downward trend, but there's support around 10.2 that could trigger a short-term bounce. If the stock manages to hold above this level, it could rise toward 18 by year-end. However, if 10.2 fails, the stock may drop further into the 8.8–9.2 support zone.
Is ALB stock ready for a major rebound after a long decline? ALB's stock price has rebounded from a long-term upward trend near 71.65 after nearly two years of decline. Recent price rejection during the current quarter suggests a potential bottoming. ALB is facing resistance in the 107–110 zone, while support lies between 79 and 85. Although the stock remains...
EURGBP is consolidating and a breakout seems likely if it remains above 0.84. Support levels are around 0.841 to 0.843, with a short-term target of about 0.850 to 0.852. There is potential for EURGBP to move above 0.852 later in Q4 2024.
The GBPAUD currency pair is expected to rebound if it approaches the key level of approximately 1.943. Should this level hold, a plausible short-term target for the pair could be 1.962.
Google's stock price is currently trading near a key support zone between 140 and 155, which may present a dip-buying opportunity for investors. The potential price targets are between 180 and 200, while the downside risk is around 139.53, the stock's closing price from last year.