Dicks Sporting Goods Inc.s stock price (DKS) extended its rise in latest intraday trading, amid the dominance of a strong upward correctional wave in the short term, supported by continued trading above the 50-day SMA, which acts as dynamic support maintaining the bullish path. This comes alongside positive signals streaming from the Stochastic, despite it reaching extremely overbought levels.

Therefore we expect the stock to rise further in upcoming trading, targeting the nearby resistance level of $219.75 in preparation to attack it.

Todays price forecast: Bullish