Gilead Sciences, Inc (GILD) stock declined in its recent intraday trading, taking profits from previous gains while attempting to build positive momentum that could support a renewed rise. The stock continues to receive dynamic support from trading above the 50-day simple moving average and remains under the control of a medium-term uptrend, trading along a supportive ascending trendline. Additionally, bullish signals are emerging from the Stochastic.

Therefore, we expect the stock to rise in upcoming sessions, as long as support at $107.75 holds, targeting the key resistance level at $119.95.

Today’s price forecast: Bullish.

Paramount Global (PARA) stock declined during a highly volatile session, as the stock attempted to take profits from previous gains while also trying to build positive momentum that could help it recover and rise again. This move coincided with efforts to relieve its clearly overbought Stochastic conditions, especially with emerging bearish signals, all while remaining under the influence of a medium-term uptrend and trading along a short-term ascending trendline, supported by continued positive momentum from trading above the 50-day simple moving average.

Therefore, we expect the stock to rise in upcoming sessions, as long as support at $12.50 holds, targeting the resistance level at $14.50.

Today’s price forecast: Bullish.

Lululemon Athletica (LULU) stock continued to decline in its recent intraday trading, with its latest close confirming a break below the key support level at $226.00, amid continued negative pressure from trading below the 50-day simple moving average, and under the control of a dominant short-term downtrend with price action aligned along a descending trendline. Additionally, bearish signals are emerging from the Stochastic, further intensifying the negative pressure surrounding the stock.

Therefore, we expect the stock to decline in upcoming sessions, especially as long as it remains below $226.00, targeting the support level at $173.00.

Today’s price forecast: Bearish.

Goldman Sachs Group, Inc (GS) stock dipped slightly in its recent intraday trading, as it attempts to build positive momentum that may help it challenge the current resistance level at $735.90, driven by bullish signals from the Stochastic after reaching extremely oversold territory, and supported by dynamic backing from trading above the 50-day simple moving average, all while remaining under the control of a dominant upward trend and trading along a short-term ascending trendline that supports this direction.

Therefore, we expect the stock to rise in upcoming trading sessions, especially if it breaks above the aforementioned resistance at $735.90, targeting its next resistance at $816.00.

Today’s price forecast: Bullish.