Oklo Inc. (OKLO) stock price recorded a pullback in its latest intraday trading, following the stabilization of the important resistance level at $110.00. The stock took profits from its previous gains while attempting to unwind part of its clear overbought conditions on the RSI, especially with incoming negative signals. With this decline, the stock has leaned on the support of its SMA50, while remaining influenced by a positive short-term technical structure in the form of a falling wedge pattern.

Therefore we expect the stock price to rise in upcoming trading, as long as the $85.80 support level holds, to retest the $110.00 resistance level in preparation for another attempt to break above it.

Today’s price forecast: Bullish

Meta Platforms, Inc. (META) stock price recorded a decline in its latest intraday trading, amid the dominance of a short-term corrective downward trend, with price action moving along a supportive trend line for this move. This comes alongside continued negative pressure from trading below its SMA50, in addition to incoming negative signals from the RSI, despite the indicator reaching extremely oversold levels.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains stable below the $638.40 resistance level, to target the key support at $581.85.

Today’s price forecast: Bearish

Microsoft Corp. (MSFT) stock price recorded a decline in its latest intraday trading, with the stock breaking below the key support level at $470.90. This move comes amid the dominance of a short-term corrective downward wave, with price action moving along a supportive trend line for this move, alongside incoming negative signals from the RSI. In addition, continued negative pressure persists from trading below its SMA50, which further intensifies the surrounding bearish pressure on the stock.

Therefore we expect the stock price to decline in upcoming trading, especially as long as it remains stable below the $470.90 level, to target the next support at $437.00.

Today’s price forecast: Bearish

Intel Corporation (INTC) stock price recorded further gains in its latest intraday trading, benefiting from dynamic support represented by trading above its SMA50, which reinforces the strength and dominance of the main short-term upward trend, with price action moving along a supportive trend line. In addition, positive signals continue to emerge from the RSI after the stock managed to unwind its overbought conditions.

Therefore we expect the stock price to rise in upcoming trading, to target the nearby and main resistance at $50.00, while this positive scenario remains valid as long as the $44.00 support level holds.

Today’s price forecast: Bullish