Broadcom (AVGO) stock continued its rise in recent intraday trading, successfully breaking through its current resistance level at $283.00. The move comes under strong control of the prevailing upward trend, with the stock trading along a short-term ascending trendline. Positive pressure remains from trading above the 50-day SMA, coupled with reinforcing bullish signals from the Relative Strength Index.

Therefore we expect the stock to rise in upcoming sessions, especially as long as it remains above $283.00, targeting the initial resistance level at $304.00.

Today’s price forecast: Bullish.

Chevron Corporation (CVX) stock jumped higher in its latest intraday trading, under the influence of a short-term corrective uptrend and movement along an ascending trendline. The stock remains supported by ongoing positive pressure from trading above its 50-day SMA. This recent rise came after the stock successfully absorbed previous overbought RSI levels, giving it more room to achieve further gains.

Therefore we expect the stock to rise in upcoming trading sessions, as long as support at $148.60 holds, targeting the key resistance level of $155.90 in preparation to challenge it.

Today’s price forecast: Bullish.

D.R. Horton, Inc (DHI) stock advanced slightly in its latest intraday trading, supported by a prevailing short-term corrective uptrend and movement along an ascending trendline. Positive momentum continues as the stock remains above its 50-day SMA. Additionally, the Relative Strength Index has reached extremely oversold territory compared to price action, suggesting the formation of a potential bullish divergence that could reinforce upward pressure.

Therefore we expect the stock to rise in upcoming trading sessions, as long as support at $128.35 holds, targeting the resistance level of $153.00.

Today’s price forecast: Bullish.

Dogwifhat (WIFUSD) price slipped in its last intraday trading, in attempt to catch its breath and gain some positive momentum that might assist it to regain its bullish strength, this limited decline comes with a correctional move within a bullish channel on the short-term basis, indicating that the current decline might not threaten the main bullish track directly.

The price takes advantage of its dynamic support that comes from its stability above EMA50, which represents a significant technical leaning point that reinforces the chances of bouncing higher. The continuation of this support might open the way for targeting new resistance levels in the upcoming trading, if the bullish channel lines remain intact.

Therefore, our expectations suggest a rise in (WIFUSD) price in its upcoming intraday trading, especially when it settles above the resistance of $1.0771, to target its next resistance level at 1.1930.

The expected trend for the upcoming trading: Bullish