Mastercard’s stock price (MA) rallied in latest intraday trading as a positive divergence started to form in the Stochastic, sending out positive signals, and accompanied by a surge in trading volumes. 

It comes amid the dominance of the downward correctional trend as the price was previously hurt by exiting an ascending price channel that guided recent short-term trading, with negative pressure due to trading below the 50-day SMA, containing upcoming gains. 

 Therefore we expect the price to rise in upcoming trading, provided the support of $470.00 holds on, targeting the important resistance of $536.30.

Today’s price forecast: Bullish

ExxonMobil Corporation’s stock price (XOM) rallied in latest intraday trading and settled back above the pivotal support of $104.85, while a positive divergence forms in the Stochastic after reaching oversold levels, but it’s not enough compared to the price’s actual movements, with positive signals streaming out o it. 

It comes amid the dominance of the downward short-term trend, with negative pressure from trading below the 50-day SMA, representing a hurdle against the price. 

Therefore we expect the price to tilt higher and target the next resistance at $112.25, as long as it settles firmly above $104.85.

Today’s price forecast: Neutral

Costco Wholesale Corporation’s price (COST) rallied in latest intraday trading, after receiving a strong boost from leaning on the 50-week SMA as shown in the attached weekly chart, coinciding with a lean on the upward secondary trend line, thus doubling positive pressures, especially as positive signals start streaming from the Stochastic after reaching oversold levels. 

Therefore we expect more gains for the price in upcoming intraday trading, provided it holds firmly above the main support of $900, targeting the pivotal resistance at $1,078.

Today’s price forecast: Bullish

Oracle Corporation’s stock price (ORCL) rallied in latest intraday trading after the support of $125.75 held on, while a positive divergence started to form in the Stochastic, with positive signals emerging from it, as the price readies to tackle the ceiling of a positive technical pattern that’s forming in the short term, the Falling Wedge pattern, with the upcoming period crucial in determining the stock’s future trend. 

Therefore we stand neutral until the price moves on the resistance of $143.95, with a breach confirming the Falling Wedge pattern and its positive impact on the price, thus targeting the first important resistance at $167.40.

Today’s price forecast: Neutral