eBay Inc. (EBAY) stock continued to decline in its latest intraday trading, as the stock searches for a higher bottom that could serve as a base to gain the positive momentum needed to recover. The short-term main bullish trend remains in control, with trading moving along a minor upward slope line that supports this path, while positive pressure continues from trading above its previous 50-day SMA. In addition, the Stochastic indicators have reached strongly oversold levels, exaggerated relative to the stock’s movement, suggesting the beginning of a positive divergence that will reinforce the surrounding bullish momentum.

Therefore, we expect the stock to rise in its upcoming trading, provided the support level of 87.75 holds, to then target the key resistance level of 101.15.

Today’s price forecast: Bullish.

Vertex Pharmaceuticals Inc. (VRTX) stock declined slightly in its latest intraday trading, after previously attempting to correct the prevailing short-term bearish trend. The Stochastic indicators reached strongly overbought levels, exaggerated relative to the stock’s movement, suggesting the formation of a negative divergence. This increases the surrounding bearish pressure and signals the fading of the positive momentum that had supported the price earlier, especially with continued negative pressure from trading below its previous 50-day SMA.

Therefore, we expect the stock to decline in its upcoming trading, as long as the resistance level of 414.85 holds, to then target the support level of 362.50.

Today’s price forecast: Bearish.

AT&T (T) stock advanced in its latest intraday trading, rising to test the key resistance level of 29.00. Positive pressure continues from trading above its previous 50-day SMA, while the medium-term main bullish trend remains in control, with movements along a minor upward slope line on the short term that supports this path. In addition, positive signals have begun to appear in the Stochastic indicators after previously reaching extremely oversold levels.

Therefore, we expect the stock to rise in its upcoming trading, especially if it confirms a break above the mentioned resistance of 29.00, to then target its next resistance at 31.45.

Today’s price forecast: Bullish.

Tesla, Inc. (TSLA) stock declined in its latest intraday trading, as the stock attempts to unwind part of its clear overbought levels in the Stochastic indicators, especially with negative signals beginning to appear. This move may allow it to gather positive momentum that could support a recovery and renewed rise. The main bullish trend remains in control, with trading moving along a minor upward slope line on the short term that supports this path, while positive pressure continues from trading above its previous 50-day SMA, reinforcing the chances of a near-term rebound.

Therefore, we expect the stock to rise in its upcoming trading, as long as the support level of 314.60 holds, to then target the key resistance level of 367.70 in preparation to test it.

Today’s price forecast: Bullish.