eBay Inc. (EBAY) declined in its latest intraday trading amid the dominance of a short-term descending corrective trend, with continued negative pressure from trading below its previous 50-day SMA. In addition, a bearish divergence has formed on the RSI indicators after they reached excessively overbought levels compared to the stock’s price action, accompanied by the emergence of negative signals.

Therefore we expect the stock to decline in its upcoming trading, as long as the resistance level at $85.65 remains intact, targeting the pivotal support level at $79.80.

Today’s price forecast: Bearish

Vertex Pharmaceuticals Incorporated (VRTX) stabilized on gains in its latest intraday trading, supported by its continued trading above the 50-day SMA. This comes under the dominance of a short-term ascending corrective trend, with the price moving alongside a supporting trendline. We also note the beginning of positive signals from the RSI indicators after they had reached extremely oversold levels.

Therefore we expect the stock to rise in its upcoming trading, as long as the support level at $433.80 remains intact, targeting the pivotal resistance level at $484.55.

Today’s price forecast: Bullish

AT&T (T) declined in its latest intraday trading, amid the dominance of a short-term descending corrective trend, with the price moving alongside a steeply sloped trendline that reinforces the stability and control of this bearish path. The stock continues to trade below its previous 50-day SMA, further strengthening the negative pressure. This decline came despite the beginning of positive signals from the RSI indicators after they reached extremely oversold levels, indicating that selling forces remain in control of the stock’s movement.

Therefore we expect the stock to decline in its upcoming trading, as long as the resistance level at $25.00 holds, targeting the support level at $23.65.

Today’s price forecast: Bearish

Tesla, Inc. (TSLA) extended its gains in the latest intraday trading, as the stock succeeded in breaking through the pivotal resistance level at $470.75. This move is supported by its continued trading above the 50-day SMA, providing dynamic support that reinforces the stability of the main medium-term ascending trend, with the price moving alongside a supporting trendline. We also note the flow of positive signals from the RSI indicators after the stock successfully relieved its overbought condition.

Therefore we expect the stock to rise in its upcoming trading, especially as long as it remains above $470.75, targeting the next resistance level at $530.50.

Today’s price forecast: Bullish