Comcast Corporation’s stock price (CMCSA) returned higher in latest intraday trading, amid the dominance of the upward correctional trend in the short term and trading alongside a rising trend line, with ongoing positive pressure due to trading above the 50-day SMA. However, in contrast, we notice negative signals streaming from the Stochastic after reaching extremely overbought levels, which may cap upcoming gains.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $35.00 holds on, targeting the pivotal resistance of $37.98.

Today’s price forecast: Bullish

The Trade Desk’s stock price (TTD) extended its gains in latest intraday trading, supported by positive signals streaming from the Stochastic despite reaching extremely overbought levels, and benefiting from dynamic support due to trading above the 50-day SMA, amid the dominance of the upward correctional trend in the short term and trading alongside a rising trend line.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $65.55 holds on, targeting the pivotal resistance of $80.55 in preparation to attack it.

Today’s price forecast: Bullish

Honeywell International Inc.’s stock price (HON) extended its rise in latest intraday trading, preparing to attack the pivotal resistance level of $242.77, amid the dominance of the main upward trend in the short term and trading alongside a rising trend line. The stock also maintains ongoing positive pressure due to trading above the 50-day SMA. However, in contrast, we notice negative signals starting to stream from the Stochastic after reaching extremely overbought levels, which raises the possibility of some corrective pullbacks aiming to vent off this saturation and gather the positive momentum needed to breach that resistance.

Therefore we expect the stock to rise in upcoming trading, provided it first breaches the aforementioned resistance of $242.77, targeting the next resistance at $260.00.

Today’s price forecast: Bullish