Blackstone Inc. (BX) stock declined in its latest intraday trading, reaching support at its previous 50-day SMA, which provided positive momentum that helped it rebound and trim much of its early losses. The short-term minor bullish wave remains in control, with trading moving along an upward slope line that supports this path.

Therefore, we expect the stock to rise in its upcoming trading, as long as the support level of 162.70 holds, to then target the resistance level of 181.15.

Today’s price forecast: Bullish.

Palo Alto Networks, Inc. (PANW) stock closed unchanged in its latest session, while attempting to overcome the negative pressure from its previous 50-day SMA. The stock is supported by trading along a minor upward trend line on the short term, with positive signals appearing in the Stochastic indicators, despite remaining in strongly overbought areas. This reinforces the chances of a near-term rise.

Therefore, we expect the stock to advance in its upcoming trading, provided the support level of 180.70 holds, to then target the key and strong resistance level of 206.18.

Today’s price forecast: Bullish.

Baker Hughes Company (BKR) stock declined slightly in its latest intraday trading, as it undergoes profit-taking from previous gains while attempting to gather positive momentum that could support a renewed rise. The short-term minor bullish wave remains in control, with trading moving along an upward slope line that supports this path, while positive pressure continues from trading above its previous 50-day SMA. In addition, positive signals are flowing from the Stochastic indicators, despite reaching strongly overbought levels.

Therefore, we expect the stock to rise in its upcoming trading, targeting the important nearby resistance level of 46.70 in preparation to test it.

Today’s price forecast: Bullish.

Robinhood Markets (HOOD) stock declined in its latest intraday trading, after breaking a minor short-term upward trend line, which exposed it to negative pressure and pushed it below its previous 50-day SMA support. This increases the surrounding bearish outlook, especially with negative signals flowing from the Stochastic indicators, despite being in strongly oversold areas.

High-risk warning: HOOD belongs to the so-called “meme stocks” group, which are subject to strong speculative trading. As a result, the stock’s movement often diverges sharply from technical expectations or financial reports, and can sometimes be highly unpredictable.

Therefore, we expect the stock to decline in its upcoming trading, as long as it remains stable below the resistance level of 110.50, to then target the support level of 89.95.

Today’s price forecast: Bearish.