Microsoft Corp’s stock price (MSFT) fell in the intraday levels, after the resistance of $457.60 held on, while the stock collected some profits, as it also vented off overbought saturation in the RSI with negative signals streaming out of it, while the stock thus gathers positive momentum to climb anew, amid the dominance of the main upward trend alongside the secondary short-term trend line, with positive support from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of $457.60, provided the support of $430.80 holds on.

Trend forecast: Likely Bullish

Cisco Systems’ stock price (CSCO) inched up in the intraday levels, while buoyed by piercing the downward short-term trend line, as it trades above the 50-day SMA, while countered by negative signals from the RSI after reaching overbought levels, as the stock tries to vent off overbought saturation there, thus hindering gains. 

Therefore we expect more gains for the stock, targeting the resistance of $50.00, provided it settles above $46.20. 

Trend forecast: Bullish

Shopify’s stock price (SHOP) fell in the intraday levels after the important resistance of $68.00 held on, while the stock gathers positive momentum to rise and pierce that resistance, as it also coincided with attacking the correctional downward short-term trend line, while trading above the 50-day SMA, coupled with positive signals from the RSI after venting off overbought saturation there.

Therefore we expect the stock to return higher, targeting the resistance of $77.80, provided the previously mentioned resistance of $68.00 is reliably breached. 

Trend forecast: Likely Bullish