Berkshire Hathaway Inc. (BRK.B) stock price recorded a slight advance in its latest intraday trading, following the stock’s stabilization above the support of a short-term upward minor trend line, which provided it with some positive momentum that helped drive these gains. This comes alongside the beginning of a positive crossover on the RSI after it reached extremely oversold levels, suggesting the potential entry of renewed positive momentum that could positively influence the stock’s movement, despite continued negative pressure from trading below its SMA50.

Therefore we expect the stock price to rise in upcoming trading, provided that the $488.95 support level holds, to target the first resistance at $504.95.

Today’s price forecast: Bullish

Eli Lilly and Company (LLY) stock price recorded a slight rise in its latest intraday trading, as the stock attempts to recoup part of its previous losses. This comes amid its continued impact from breaking below a short-term upward trend line, alongside ongoing negative pressure from trading below its SMA50, which reinforces scenarios of a renewed decline in the near term, especially with incoming negative signals from the RSI.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains stable below the $1,066.00 level, to target the important support at $979.00.

Today’s price forecast: Bearish

Walmart Inc. (WMT) stock price recorded gains in its latest intraday trading, as the stock moves to attack the current resistance level at $121.00. This advance is supported by continued dynamic pressure from trading above its SMA50, which reinforces the stability and dominance of the main short-term upward trend, with price action moving along a supportive trend line. This performance is accompanied by a significant increase in trading volumes, and comes despite the beginning of incoming negative signals from the RSI after it reached extremely overbought levels, highlighting the strength and size of the positive momentum surrounding the stock.

Therefore we expect the stock price to rise in upcoming trading, especially if it succeeds in breaking above the $121.00 resistance level, to target the next resistance at $129.70.

Today’s price forecast: Bullish

JPMorgan Chase & Co. (JPM) stock price recorded gains in its latest intraday trading, as the stock attempts to recoup part of its previous losses while also trying to unwind some of its clear oversold conditions on the RSI, especially with the emergence of incoming positive signals. With this rise, the stock has touched the resistance of its SMA50, coinciding with a retest of a main upward trend line that had been broken earlier.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains stable below the $318.00 resistance level, to target the key support at $290.55.

Today’s price forecast: Bearish