Broadcom’s stock price (AVGO) settled lower in latest intraday trading after the pivotal resistance of $251.85 held on, while trying to seek a bottom to bolster it higher once more and help it pierce that resistance, with the stock venting off overbought saturation in the Stochastic, amid the dominance of the main upward trend in the medium and short terms.
Therefore we expect the price to rise, provided the aforementioned resistance of $251.85 is breached, targeting the next one at $283.00.
Today’s price forecast: Bullish
Berkshire Hathaway price (BRK.B) fell in latest intraday trading, amid ongoing negative pressure due to trading below the 50-day SMA, and with the dominance of the downward correctional wave in the short term, leaning on the pivotal support of $491.00, with the stock dominated by the main upward trend in the medium term, with positive signals from the Stochastic after reaching oversold levels.
Therefore we expect the price to rise and target the first resistance at $418.00, provided the support of $481.00 holds on.
Today’s price forecast: Bullish
Eli Lilly and Company’s stock price (LLY) rallied in latest intraday trading, managing to trespass the resistance of the 50-day SMA, and shaking off its negative pressure amid the dominance of the upward correctional wave in the short term, with negative signals emerging from the Stochastic after reaching overbought levels.
Therefore we expect more gains for the price, targeting the resistance of $860.50.
Today’s price forecast: Bullish
Walmart’s stock price (WMT) edged lower in a volatile session while trying to seek a bottom to bounce it higher anew, amid the dominance of the main upward trend in the medium term, with dynamic support due to trading above the 50-day SMA, while the Stochastic reached oversold levels compared to the stock’s movements.
Therefore we expect the price to rise and target the main resistance of $100.00, provided the support of $95.00 holds on.
Today’s price forecast: Bullish