Lockheed Martin Corporation (LMT) advanced in its latest intraday trading, influenced by its earlier breakout from a short-term descending price channel that had previously constrained its movement. The stock also benefited from positive support as it continues to trade above its 50-day SMA, in addition to the emergence of a positive crossover from momentum indicators after successfully offloading its overbought conditions.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the support level at $462.25, targeting the resistance level at $509.55.

Today’s price forecast: Bullish

Manchester United PLC (MANU) closed unchanged in its latest session, after rising early in the session supported by positive signals from momentum indicators. However, the stock collided with the resistance of its 50-day SMA, coinciding with a retest of a main upward trend line that the stock had previously broken, which forced it to reverse lower and erase all of its early gains.

Therefore we expect the stock price to decline in its upcoming trading, as long as it remains below the resistance level at $16.50, targeting the pivotal support level at $15.00.

Today’s price forecast: Bearish

HP Inc. (HPQ) declined in its latest intraday trading, under continued negative pressure as it trades below its 50-day SMA, reinforcing the stability and dominance of the main downward trend on the medium term, especially with its movement along a downward-sloping trend line. In addition, negative signals continue to emerge from momentum indicators, despite their arrival at extremely oversold levels.

Therefore we expect the stock price to decline in its upcoming trading, as long as it remains below the key resistance level at $25.95, targeting the pivotal support level at $22.25.

Today’s price forecast: Bearish

The price of (ETHUSD) settles with sharp gains in the last intraday trading, amid the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels, exhausting its positive chances that might help it to recover and rise again, where it leans on EMA50’s support as a last attempt to gain this bullish momentum, amid the dominance of minor bullish waves on the short-term basis.