Cisco Systems’ stock price (CISCO) rose in the intraday levels, amid the dominance of the main upward trend in the short term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI.

Therefore we expect more gains for the stock, targeting the resistance of $70.00, provided the support of $60.23 holds on.

Trend forecast for today: Bullish 

Super Mario Computer’s stock price (SMCI) rallied in the intraday levels, buoyed by trading above the 50-day SMA, amid the dominance of the upward correctional wave in the short term. However, despite the stock’s gains, it’s still moving alongside the main downward trend line in the medium-term, with negative signals from the RSI after reaching overbought levels. 

Therefore we stand neutral until the stock moves on the pivotal resistance of $51.00, and in case of a breach, it’ll open the door for more gains, thus targeting the resistance of $74.00.

Trend forecast for today: Neutral

Wells Fargo & Company’s stock price (WFC) returned higher in the intraday levels, amid the dominance of the main upward trend alongside the secondary short-term trend line, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels compared to the stock’s movements. 

Therefore we expect more gains for the stock, targeting the first resistance of $84.00, provided it settles above $78.00.

Trend forecast for today: Likely Bullish 

Amazon.com’s stock price (AMZN) fell in the intraday levels, while seeking a bottom to bounce it higher anew, amid negative signals from the RSI, while leaning on the support of the 50-day SMA, amid the dominance of the main upward trend, as the stock trades alongside the secondary short-term trend line. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $242.52, provided the support of $225.86 holds on.

Trend forecast for today: Likely Bullish