International Seaways, Inc. (INSW) stock rose again in its latest intraday trading, confirming a breakout above the key resistance level of $49.80. The move is supported by continued trading above the previous 50-day SMA and under the dominance of the main short-term bullish trend, with trading along an ascending line that reinforces this direction. In addition, positive signals are appearing from the relative strength indicators, though they have reached extremely overbought levels, which may limit the stock’s upcoming gains.

Therefore, we expect the stock to rise in its upcoming trading sessions, especially as long as it remains above $49.80, targeting the first resistance level at $54.45.

Today’s stock forecast: Bullish.

Revolve Group (RVLV) stock declined in its latest intraday trading as it attempts to gain positive momentum that could help it recover and rise again. At the same time, the stock is working off part of its overbought levels on the relative strength indicators, where negative signals have started to appear. The decline found support at the previous 50-day SMA, while the stock remains under the dominance of a short-term corrective bullish trend, with trading along an ascending line.

Therefore, we expect the stock to rise in its upcoming trading sessions, provided that the support level of $21.25 holds, targeting the key resistance level of $24.55.

Today’s stock forecast: Bullish.

Toast, Inc (TOST) stock rose in its latest intraday trading, attempting to recover part of its previous losses. However, continued negative pressure from trading below the previous 50-day SMA limits the chances of a sustainable recovery in the near term, especially as the stock continues to trade along a short-term descending line. In addition, bearish signals persist on the relative strength indicators, reinforcing the negative outlook.

Therefore, we expect the stock to decline in its upcoming trading sessions as long as the resistance level of $39.75 holds, targeting the support level of $32.70.

Today’s stock forecast: Bearish.

On Holding AG (ONON) stock continued to decline in its latest intraday trading under the dominance of the main short-term bearish trend, with trading along a descending line that reinforces this direction. The stock remains under ongoing negative pressure from trading below the previous 50-day SMA, while bearish signals continue to appear from the relative strength indicators, despite reaching extremely oversold levels.

Therefore, we expect the stock to continue declining in its upcoming trading sessions as long as the resistance level of $42.00 holds, targeting the key support level of $34.60.

Today’s stock forecast: Bearish.