MicroStrategy (MSTR) showed choppy movement in its latest intraday trading after encountering resistance at its 50-day simple moving average, coinciding with a test of the key resistance level at 358.50. This exposure to selling pressure weakened the bullish momentum that had surrounded the stock in recent sessions, even as it broke a short-term descending trendline and received positive signals from the RSI. The stock is currently attempting to regain upward momentum that could help it overcome these negative pressures.

Therefore, our outlook leans toward a potential rise in the stock’s price in upcoming trading sessions, but only after breaking above the mentioned resistance at 358.50, targeting the next resistance level at 394.00.

Today’s price forecast: Neutral.

Merck & Company, Inc. (MRK) edged lower in its latest intraday trading, taking profits from its previous gains and attempting to unwind some of its overbought conditions on the RSI, especially after a negative crossover began to form. This pause may allow the stock to gather fresh bullish momentum that could help it resume its strong upward movement, as the short-term corrective uptrend remains intact with trading along a supporting trendline. Moreover, the presence of dynamic support from the 50-day simple moving average continues to enhance recovery prospects.

Therefore, we expect the stock to rise in upcoming trading sessions, as long as it remains above 85.20, targeting the key resistance level at 97.35.

Today’s price forecast: Bullish.

Spotify Technology (SPOT) declined in its latest intraday trading, as negative signals appeared on the RSI indicators. The stock broke a short-term ascending trendline and simultaneously slipped below its 50-day simple moving average, amplifying bearish pressure and signaling the potential extension of a short-term corrective downtrend.

Therefore, we expect the stock to fall in upcoming trading sessions, as long as it remains below 740.00, targeting the first support level at 652.65.

Today’s price forecast: Bearish.

International Paper Company (IP) edged higher in its latest intraday trading, while remaining under the dominance of the main bearish trend. Persistent negative pressure continues as the stock trades below its 50-day simple moving average, amplifying downside risks and reducing the likelihood of a sustained recovery. Moreover, the RSI has begun to show a bearish crossover after reaching extremely overbought levels, indicating the formation of a negative divergence compared to price movement.

Therefore, we expect the stock to decline in upcoming trading, as long as it remains below 48.45, targeting the key support level of 43.60.

Today’s price forecast: Bearish.