Apple’s stock price (AAPL) fell in the intraday levels after the pivotal resistance of $197.20 held on, with negative signals from the RSI after reaching overbought levels, while the stock gathers positive momentum to pierce that resistance, as it vents off some overbought saturation, with positive support from trading above the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of $209.40, provided the initial resistance of $197.20 was breached.
Trend forecast: Likely Bullish
Broadcom’s stock price (AVGO) rose in the intraday levels, while tackling the pivotal resistance of $1438, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary trend line, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of $1587, provided the initial resistance of $1438 is breached.
Trend forecast: Bullish
Affirm Holdings’ stock price (AFRM) advanced in the intraday levels, with positive signals from the RSI after reaching oversold levels, amid the dominance of the downward correctional trend in the short term, with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the support of $25.65, provided the resistance of $32.80 holds on.
Trend forecast: Likely Bearish
Agilent Technologies’ stock price (A) rose in the intraday levels while trying to recoup some recent losses, as it also vented off oversold saturation in the RSI with positive signals coming out of it, amid the dominance of the downward correctional wave in the short term, coupled with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the pivotal support of $126.75, provided the resistance of $144.75 holds on.
Trend forecast: Likely Bearish