Nike, Inc. (NKE) stock advanced slightly in its latest intraday trading, as it attempts to overcome the negative pressure of its previous 50-day SMA, opening the way to target new resistance levels in the short term. The main bullish trend remains in control, with trading moving along an upward slope line, while a positive crossover has started to appear in the Stochastic indicators after reaching strongly oversold levels.

Therefore, we expect the stock to rise in its upcoming trading, provided the support level of 73.00 holds, to then target the key and firm resistance level of 80.00.

Today’s price forecast: Bullish.

Baidu, Inc. (BIDU) stock jumped higher in its latest intraday trading, with the short-term main bullish trend fully in control. Continued positive pressure comes from trading above its previous 50-day SMA. On the other hand, negative signals have started to appear in the Stochastic indicators after reaching strongly overbought levels, which may limit the stock’s upcoming gains.

Therefore, we expect the stock to rise in its upcoming trading, to target the important and nearby resistance level of 115.00, while this positive scenario remains valid as long as the support level of 105.20 holds.

Today’s price forecast: Bullish.

Monster Beverage Corporation (MNST) stock resumed its rise in its latest intraday trading, driven by positive signals appearing in the Stochastic indicators. The short-term main bullish trend remains in control, with trading moving along an upward slope line that supports this path, while dynamic support continues from trading above its previous 50-day SMA.

Therefore, we expect the stock to rise in its upcoming trading, as long as it remains stable above the support level of 61.00, to then target the resistance level of 68.00.

Today’s price forecast: Bullish.

ASML Holding N.V. (ASML) stock advanced in its latest intraday trading, preparing to test the key resistance level of 819.50. Continued positive pressure from trading above its previous 50-day SMA supports the stability of the short-term main bullish trend, with trading moving along an upward slope line. On the other hand, a negative crossover has started to appear in the Stochastic indicators after reaching strongly overbought levels, which may hinder further gains in the near term.

Therefore, we expect the stock to rise in its upcoming trading, but on the condition that it first breaks the mentioned resistance of 819.50, to then directly target its next resistance at 865.90.

Today’s price forecast: Bullish.