Intel’s stock price (INTC) fell in latest intraday trading, amid the dominance of the main downward trend in the medium term as the price trades alongside the trend line, with negative pressure due to trading below the 50-day SMA, as the price thus approaches the pivotal support of $18.75, with positive signals emerging from the Stochastic after reaching oversold levels, curbing losses. 

Therefore we expect the price to decline in upcoming trading, especially if the support of $18.75 was reliably breached, targeting the first support at $16.00, with a high chance of a rebound to recoup some losses and retest the resistance of $22.40.

Today’s price forecast: Bearish

Broadcom’s stock price (AVGO) rose in latest intraday trading, accompanied by a surge in trading volumes, while trying to recoup some recent losses, as it also vents off oversold saturation in the Stochastic with positive signals streaming out of it, while the price was previously hurt by piercing the main upward trend line in the medium term, extending the downward correctional trend in the short term.  

Therefore we expect the price to return lower in upcoming trading, as long as it settles firmly below $157.55, targeting the support of $128.50.

Today’s price forecast: Bearish

The price of silver (SILVER) moved higher in cautious trading in its recent intraday sessions, affected by the break of a major bullish trend line. There is also the beginning of a negative divergence in the Relative Strength Index (RSI), along with emerging negative signals.

The price of Ethereum (ETHUSD) has slightly declined in its recent intraday trading, beginning to surrender to the surrounding negative pressures. This is occurring amid the dominance of the main bearish trend in the short term, with a negative divergence beginning to form in the Relative Strength Index (RSI), amplifying those pressures.