Category: Forex News, News
Coinbase price strives to shake off negative pressure – Forecast today
Lumen Technologies’ stock price (LUMN) returned lower in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels compared to the stock’s movements, hinting at negative divergence.
Therefore we expect more losses for the stock, provided it settles firmly below the resistance of $5.90, and targeting the support of $4.52.
Trend forecast for today: Bearish
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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