Marvell Technology (MRVL) continued rising in its latest intraday trading, supported by its movement above the previous 50-day SMA and by positive signals flowing from the RSI indicators despite their presence in overbought territory. This comes under the dominance of a short-term corrective upward trend, with the price moving alongside a trendline that supports this bullish structure.

Therefore we expect the stock to rise in its upcoming trading, as long as it remains above the support level of $79.00, targeting the nearby pivotal resistance level of $98.00 in preparation for testing it.

Today’s price forecast: Bullish

Affirm Holdings (AFRM) declined in its latest intraday trading after the stock collided with the resistance of its previous 50-day SMA, under the dominance of a short-term corrective downward wave with the price moving alongside a trendline that reinforces the stability of this bearish structure. In addition, we note the early emergence of a negative crossover on the RSI indicators after the stock had previously relieved its oversold saturation.

Therefore we expect the stock to decline in its upcoming trading, as long as it remains below the resistance level of $73.90, targeting the pivotal support level of $60.30.

Today’s price forecast: Bearish

Agilent Technologies, Inc. (A) declined in its latest intraday trading after the pivotal resistance level at $153.75 held, prompting the stock to take profits from its recent gains while attempting to acquire positive momentum that may help it break through this resistance. At the same time, the stock is trying to relieve its overbought saturation on the RSI indicators, especially with the beginning of negative signal inflows, all under the dominance of the main short-term ascending trend with the price moving alongside a trendline.

Therefore we expect the stock to rise in its upcoming trading, but only if it first breaks the mentioned resistance level at $153.75, targeting thereafter the next resistance at $169.50.

Today’s price forecast: Bullish

Qualcomm Incorporated (QCOM) declined slightly in its latest intraday trading after touching the resistance of its previous 50-day SMA, while the main short-term ascending trend continues to dominate, with the price moving alongside a supporting trendline. In addition, we note the arrival of positive signals from the RSI indicators after they had earlier reached extremely oversold levels.

Therefore we expect the stock to rise in its upcoming trading, but under the important condition that it remains above the support level of $159.10, targeting the first resistance level at $177.00.

Today’s price forecast: Bullish