Avalanche’s currency price (AVAXUSD) edged slightly lower in latest intraday trading, as it attempts to gather positive momentum that may support a new upward move. At the same time, it’s working to vent off some of its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. This comes amid continued positive pressure from trading above the 50-period SMA, and under the dominance of a short-term upward correctional trend, with trading along a rising trend line.

Therefore we expect the currency to rise in upcoming intraday trading, as long as it remains above $18.43, targeting the pivotal resistance level of $26.84.

Today’s price forecast: Bullish

HP Inc.’s stock price (HPQ) declined in latest intraday trading, amid the dominance of the main downward trend in the short term and trading alongside a descending trend line. This move is accompanied by negative signals streaming from the Stochastic after reaching extremely overbought levels, and the stock has now broken below the support of the 50-day SMA — adding further negative pressure.

Therefore we expect the stock to decline in upcoming trading, as long as it remains below the price of $26.26, targeting the first support level at $23.45.

Today’s price forecast: Bearish

Accenture plc’s stock price (ACN) extended its decline in latest intraday trading, amid the dominance of the main downward trend in the short term and trading alongside a descending trend line, with ongoing negative pressure from trading below the 50-day SMA. This drop positions the stock to potentially break the pivotal support level of $276.00, especially with negative signals streaming from the Stochastic after previously reaching extremely overbought levels.

Therefore we expect the stock to decline further in upcoming trading, particularly if it breaks the mentioned support of $276.00, targeting the next support level at $261.00.

Today’s price forecast: Bearish

Linde plc’s stock price (LIN) edged slightly lower in latest intraday trading, with negative signals streaming from the Stochastic and ongoing pressure from trading below the 50-day SMA. However, the stock continues to move alongside a short-term upward correctional trend line, and this dip may help it gather positive momentum that could support a potential recovery and relieve the ongoing downside pressure.

Therefore we expect the stock to rise in upcoming trading, but only if it first breaches the resistance level of $471.95, targeting the pivotal resistance of $487.50.

Today’s price forecast: Bullish