Dell Technologies’ stock price (DELL) fell in the intraday levels, while hurt by exiting a descending price channel that guided recent short-term trading, as it also leaned on the support of the 50-day SMA, while trying to gather positive momentum to rise anew, as it also tries to vent off overbought saturation in the RSI with negative signals coming out of it. 

Therefore we expect the stock to return higher, targeting the first resistance at $127.00, provided the support of $104.66 holds on.

Trend forecast for today: Likely Bullish 

The Trade Desk’s stock price (TTD) rose in the intraday levels, while trying to recoup some recent losses, as it also vented off oversold saturation in the RSI with positive signals coming out of it, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA. 

Therefore we expect the stock to return lower, and target the pivotal support of $61.48, provided the resistance of $85.18 holds on.

Trend forecast for today: Likely Bearish 

Generac Holdings’ stock price (GNRC) gained ground in the intraday levels, while trying to recoup some recent losses, amid the dominance of the downward correctional trend in the short term, while trading alongside a steel trend line, reflecting the negative pressure, with negative signals from the RSI after reaching overbought levels, and ongoing negative pressure as well due to trading below the 50-day SMA. 

Therefore we expect the stock to return lower, targeting the support of $131.66, provided the resistance of $151.60 holds on.

Trend forecast for today: Bearish 

Comcast Corporation’s stock price (CMCSA) fell in the intraday levels, after bumping into the resistance of the 50-day SMA, while managing to correct the main downward trend as it trades alongside the secondary short-term trend line, as a negative divergence forms in the RSI after reaching overbought levels compared to the stock’s movements, sending out negative signals. 

Therefore we expect more losses for the stock, targeting the first support at $34.47, provided the resistance of $36.71 holds on.

Trend forecast for today: Bearish