Advanced Micro Devices, Inc. (AMD) stock price advanced in its latest intraday trading, amid the dominance of the main upward trend in the medium term, while moving alongside a short-term trend line with a steep angle that reflects the strength of this bullish path. The stock also continues to benefit from positive pressure generated by trading above its 50-day SMA, in addition to continued positive signals from the Stochastic indicators.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the $461.70 level, targeting the major resistance level at $600.00.

Today’s price forecast: Bullish.

Delta Air Lines, Inc. (DAL) stock price declined in its latest intraday trading, as the stock takes profits from its previous gains while also attempting to relieve part of its clear overbought condition on the Stochastic indicators, especially with the emergence of negative signals from them. This pullback may help the stock rebuild positive momentum that could support a renewed advance, amid continued positive support from trading above its 50-day SMA, which reinforces the stability and dominance of the main upward trend in the medium term, while the stock continues to move alongside a trend line supporting this path.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the $75.00 support level, targeting the $89.00 resistance level.

Today’s price forecast: Bullish.

General Motors Company (GM) stock price declined in its latest intraday trading, despite the dominance of the main upward trend in the medium term and its movement alongside a trend line supporting this path. The stock also continues to benefit from dynamic positive support through trading above its 50-day SMA. This pullback appears to be a profit-taking move following previous gains, while also helping to relieve part of its clear overbought condition on the Stochastic indicators, especially with the emergence of negative signals from them, allowing the stock to rebuild positive momentum that could support a renewed advance.

Therefore we expect the stock price to rise in its upcoming trading, provided that the $77.35 support level remains intact, targeting the key resistance level at $87.30.

Today’s price forecast: Bullish.

BlackRock, Inc. (BLK) stock price remains on a series of consecutive losses in its latest trading sessions, having broken below a short-term upward trend line while also falling beneath the support of its 50-day SMA. This has exposed the stock to increased negative pressure and reduced the chances of a near-term recovery, especially with continued negative signals from the Stochastic indicators despite their presence in deeply oversold territory.

Therefore we expect the stock price to decline in its upcoming trading, as long as it remains below the $1,060 resistance level, targeting the first support level at $962.00.

Today’s price forecast: Bearish.