Ethereum Classic (ETCUSD) price declined in its latest intraday trading after colliding with the resistance of its 50-day SMA, which coincided with a test of the upper boundary of a short-term corrective bearish price channel that has constrained its previous trading, forcing the price to retreat, especially with continued negative signals from the Stochastic indicators after previously reaching overbought levels.

Therefore we expect the digital currency price to decline in its upcoming intraday trading, as long as it remains below the $9.00 resistance level, targeting the important support level at $8.50.

Today’s price forecast: Bearish

Palo Alto Networks (PANW) stock price rose in its latest intraday trading, recovering all the losses recorded in the previous session, which had come as part of profit-taking and an attempt to relieve part of its overbought condition, before positive momentum returned and pushed the stock toward a rapid recovery, allowing it to attack the current resistance level at $250.00. This comes amid complete dominance of the main upward trend in the short term, while moving alongside major and minor trend lines supporting this path, which strengthens the chances of extending its gains in the near term and targeting new resistance levels.

Therefore we expect the stock price to rise in its upcoming trading, especially if it succeeds in breaking above the mentioned resistance at $250.00, targeting the next resistance level at $275.00 afterward.

Today’s price forecast: Bullish

Palantir Technologies Inc. (PLTR) stock price edged slightly higher in its latest intraday trading, driven by continued positive signals from the Stochastic indicators after reaching deeply oversold levels, as the stock attempts through this rise to recover part of its previous losses, amid the dominance of a short-term corrective bearish trend while moving alongside a trend line supporting this path, in addition to continued negative pressure from trading below its 50-day SMA, which reduces the chances of a near-term recovery.

Therefore we expect the stock price to decline in its upcoming trading, as long as it remains below the $150.00 resistance level, targeting the key support level at $127.00.

Today’s price forecast: Bearish

MicroStrategy (MSTR) stock price remained lower with weak and volatile trading in its latest intraday movement, as the stock attempts to gain positive momentum that could help it recover and rise again, especially as the Stochastic indicators reached deeply oversold levels in an exaggerated manner compared to the stock’s movement, suggesting the beginning of a positive divergence that could attract renewed buying pressure, amid the dominance of a short-term corrective upward trend, alongside continued dynamic positive support from trading above its 50-day SMA.

Therefore we expect the stock price to rise in its upcoming trading, provided that the $156.00 support level remains intact, targeting the key resistance level at $197.00 in preparation for attacking it.

Today’s price forecast: Bullish