Domino’s Pizza Inc (DPZ) declined in its latest intraday trading after hitting resistance at a short-term descending trendline, which forced the price to retreat. The stock continues to face negative pressure as it trades below its 50-day simple moving average, and it is now preparing to break below the key support level of $397.12. This comes after the stock successfully unwound its previous oversold condition on the relative strength indicators, which have now entered overly overbought territory relative to price movement.

Therefore, we expect the stock to decline in the upcoming sessions, especially if it breaks the mentioned $397.12 support, targeting its next support level at $368.65.

Today’s price forecast: Bearish.

Gilead Sciences, Inc (GILD) rose in its latest intraday trading, pushing toward the key resistance level of $124.60. The stock is supported by positive signals from the relative strength indicators after exiting oversold areas, along with persistent dynamic support from trading above its 50-day simple moving average. The main short-term uptrend also remains intact, with movements aligning alongside a supportive minor trendline.

Therefore, we expect the stock price to rise in the upcoming trading sessions, especially if it breaks through the mentioned $124.60 resistance level, targeting its next resistance at $136.45.

Today’s price forecast: Bullish.

Lululemon Athletica (LULU) stabilized higher in its latest intraday trading, supported by positive signals from the relative strength indicators after reaching heavily oversold levels. This upward movement, however, brought the stock into contact with resistance at its previous 50-day simple moving average, while the medium-term downtrend continues to dominate.

Therefore, we expect the stock price to decline in its upcoming trading sessions, as long as it remains below the $186.90 resistance level, targeting the key support at $159.75 in preparation for a potential break lower.

Today’s price forecast: Bearish.

Goldman Sachs Group, Inc (GS) surged higher in its latest intraday trading, successfully breaking above the key resistance level of $816.12. The stock continues to receive positive support from trading above its 50-day simple moving average, within a short-term uptrend and along an ascending support line. In addition, positive signals are appearing on the relative strength indicators, despite remaining in overbought territory.

Therefore, we expect the stock price to rise in its upcoming trading sessions, particularly as long as it remains above $816.12, targeting the first resistance level at $880.75.

Today’s price forecast: Bullish.