Litecoin (LTCUSD) price declined in its latest intraday trading after hitting resistance at its 50-day SMA, exposing it to negative pressure. This comes while the short-term corrective bearish trend remains in control, with trading moving along a downward slope line that supports this path. In addition, the Stochastic indicators have reached strongly overbought levels, exaggerated relative to the price movement, signaling the fading of the prior bullish momentum surrounding the price.

Therefore, we expect the currency to decline in its upcoming intraday trading, as long as the resistance level of 118.50 holds, to then target the support level of 106.75.

Today’s price forecast: Bearish.

The Trade Desk (TTD) stock settled lower in its latest intraday trading, pressured by a previously formed bearish technical pattern on the short term, the rising wedge. Negative pressure also continues from trading below its previous 50-day SMA. However, on the other hand, we notice the start of positive signals in the Stochastic indicators after reaching extremely oversold levels, as the stock attempts to absorb part of its prior selling saturation.

Therefore, we expect the stock to decline in its upcoming trading, as long as the resistance level of 65.55 holds, to then target the key support level of 42.95.

Today’s price forecast: Bearish.

Comcast Corporation (CMCSA) stock declined in its latest intraday trading after hitting resistance at its previous 50-day SMA. The short-term main bearish trend remains in control, with trading moving along a downward slope line supporting this path. We also notice the start of negative signals in the Stochastic indicators, forming a negative divergence after reaching strongly overbought levels, exaggerated relative to the stock’s movement.

Therefore, we expect the stock to decline in its upcoming trading, as long as the resistance level of 34.40 holds, to then target the key support level of 31.44.

Today’s price forecast: Bearish.

Honeywell International Inc. (HON) stock rose in its latest intraday trading, driven by positive signals in the Stochastic indicators. However, these have reached strongly overbought levels, exaggerated relative to the price movement, suggesting the beginning of a negative divergence. The short-term corrective bearish wave remains in control, with ongoing negative pressure from trading below its previous 50-day SMA, which adds to the surrounding bearish momentum.

Therefore, we expect the stock to decline in its upcoming trading, as long as the resistance level of 230.60 holds, to then target the support level of 214.20.

Today’s price forecast: Bearish.