Avalanche (AVAXUSD) price advanced in its latest intraday trading, supported by dynamic backing from trading above its 50-day SMA. The short-term corrective bullish trend remains in control, with trading moving along an upward slope line that supports this path. The recent rise also came after the price managed in previous trading to unwind its clear overbought levels in the Stochastic indicators, giving it more room to achieve further gains.

Therefore, we expect the currency to rise in its upcoming intraday trading, as long as the support level of 22.20 holds, to then target the key resistance level of 27.40 in preparation to test it.

Today’s price forecast: Bullish.

United Airlines Holdings, Inc. (UAL) stock rose slightly in its latest intraday trading, supported by continued trading above its previous 50-day SMA. The main bullish trend remains in control, with trading moving along a minor upward slope line on the short term. In addition, positive signals are beginning to flow from the Stochastic indicators, after the stock managed in its prior trading to unwind its clear overbought levels, giving it more room to achieve further gains.

Therefore, we expect the stock to rise in its upcoming trading, as long as the support level of 96.65 holds, to then target the key resistance level of 110.25.

Today’s price forecast: Bullish.

Boeing Company (BA) stock advanced in its latest intraday trading, rising to test the key resistance level of 236.45. The short-term bullish trend remains in control, with trading moving along an upward slope line that supports this path, while positive pressure continues from trading above its previous 50-day SMA. In addition, positive signals are flowing from the Stochastic indicators after previously reaching extremely oversold levels.

Therefore, we expect the stock to rise in its upcoming trading, especially if it breaks the mentioned resistance of 236.45, to then target its next resistance at 259.00.

Today’s price forecast: Bullish.

McCormick & Company, Incorporated (MKC) stock closed with slight and cautious gains in its latest session, while still facing ongoing negative pressure from trading below its previous 50-day SMA, which has acted as dynamic resistance preventing recovery. The medium-term bearish trend remains in control, with trading moving along a downward slope line that supports this path. Meanwhile, a negative divergence has started to form in the Stochastic indicators after reaching strongly overbought levels, exaggerated relative to the stock’s movement, as negative signals begin to flow.

Therefore, we expect the stock to decline in its upcoming trading, as long as the resistance level of 72.60 holds, to then target the key support level of 68.25.

Today’s price forecast: Bearish.