CVS Health Corporation’s stock price (CVS) inched higher in latest intraday trading, benefiting from dynamic support due to trading above the 50-day SMA, amid the dominance of the main upward trend in the short term and trading alongside a rising trend line. Additionally, we notice positive crossovers beginning to form on the Stochastic after reaching extremely oversold levels, exaggerated relative to the price movement — suggesting the start of a positive divergence.

Therefore we expect the stock to rise in upcoming trading, as long as it remains above the price of $65.35, targeting the pivotal resistance of $72.50.

Today’s price forecast: Bullish

eBay Inc.’s stock price (EBAY) declined in latest intraday trading, as the stock attempts to gather positive momentum that may help it recover and rise anew. This drop comes while leaning on the support of a short-term rising trend line, supported by ongoing trading above the 50-day SMA and positive signals streaming from the Stochastic.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $72.85 holds on, targeting the pivotal resistance of $79.85.

Today’s price forecast: Bullish

Vertex Pharmaceuticals Incorporated’s stock price (VRTX) returned higher in latest intraday trading, benefiting from dynamic support due to trading above the 50-day SMA, amid the dominance of the main upward trend in the short term. With this rise, the stock is now attacking the current resistance level of $467.85. However, in contrast, we notice negative signals starting to stream from the Stochastic after reaching extremely overbought levels, which may cap upcoming gains.

Therefore we expect the stock to rise in upcoming trading, especially if it breaches the mentioned resistance of $467.85, targeting the next resistance at $498.00.

Today’s price forecast: Bullish

AT&T’s stock price (T) edged slightly lower in latest intraday trading, as the stock attempts to gather positive momentum that may help it breach the stubborn pivotal resistance of $29.00. This dip comes while leaning on the support of a short-term rising trend line, with ongoing positive pressure from trading above the 50-day SMA. We also note that the stock had previously vented off its apparent overbought saturation on the Stochastic.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $27.60 holds on, targeting the mentioned resistance of $29.00 in preparation to attack it.

Today’s price forecast: Bullish