Alphabet Inc. (GOOG) stock price remains supported by the gains recorded in its latest intraday trading, benefiting from a rebound off its 50-day SMA, which provided positive momentum and helped the stock recover after a recent decline that appeared aimed at establishing a higher low. This performance comes amid the dominance of the main upward trend in the medium term, with the stock continuing to move alongside a trend line supporting this path. In the background, we also notice the emergence of positive signals from the Stochastic indicators after reaching deeply oversold levels.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the $350.00 support level, targeting the key resistance level at $400.00.

Today’s price forecast: Bullish.

Adobe Inc. (ADBE) stock price declined in its latest intraday trading, as the stock attempts to gain positive momentum that could help it recover and move higher again. At the same time, it is trying to relieve its overbought condition on the Stochastic indicators, especially with the emergence of negative signals from them. This comes amid continued dynamic support from trading above its 50-day SMA, which reinforces the stability of a short-term corrective upward wave that continues to dominate the stock’s movement.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the $245.00 support level, targeting the $285.00 resistance level.

Today’s price forecast: Bullish.

Nu Holdings Ltd. (NU) stock price declined in its latest intraday trading, amid the dominance of a short-term corrective bearish trend while moving alongside a trend line supporting this path. The stock also remains under continued negative pressure from trading below its 50-day SMA. In the background, we observe negative signals from the Stochastic indicators after previously reaching deeply overbought levels.

Therefore we expect the stock price to decline in its upcoming trading, as long as it remains below the $13.30 resistance level, targeting the $11.20 support level.

Today’s price forecast: Bearish.

Broadcom (AVGO) stock price came under heavy selling pressure in its latest intraday trading, plunging sharply and breaking below the support of its 50-day SMA. This breakdown exposes the stock to additional negative pressure that is likely to influence its upcoming movements, especially with continued negative signals from the Stochastic indicators after reaching deeply overbought levels. All of this comes within the context of an ongoing corrective move against the main medium-term bullish trend.

Therefore we expect the stock price to continue its corrective decline in the upcoming trading sessions, as long as it remains below the $426.50 resistance level, targeting the $353.00 support level.

Today’s price forecast: Bearish.