Oracle Corporation (ORCL) stock price slipped lower in its latest intraday trading, as the stock appears to be searching for a higher low that could serve as a base for building the positive momentum needed to resume its recovery. At the same time, the stock is attempting to relieve its clear overbought condition on the Stochastic indicators, especially with the emergence of negative signals from them. This comes amid the dominance of a short-term corrective upward wave, with the stock moving alongside a trend line supporting this path, in addition to dynamic support from trading above its 50-day SMA, which strengthens the chances of a near-term recovery.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the $200.00 support level, targeting the $260.00 resistance level.

Today’s price forecast: Bullish.

Alphabet Inc. (GOOG) stock price remains supported by the gains recorded in its latest intraday trading, benefiting from a rebound off its 50-day SMA, which provided positive momentum and helped the stock recover after a recent decline that appeared aimed at establishing a higher low. This performance comes amid the dominance of the main upward trend in the medium term, with the stock continuing to move alongside a trend line supporting this path. In the background, we also notice the emergence of positive signals from the Stochastic indicators after reaching deeply oversold levels.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the $350.00 support level, targeting the key resistance level at $400.00.

Today’s price forecast: Bullish.

Adobe Inc. (ADBE) stock price declined in its latest intraday trading, as the stock attempts to gain positive momentum that could help it recover and move higher again. At the same time, it is trying to relieve its overbought condition on the Stochastic indicators, especially with the emergence of negative signals from them. This comes amid continued dynamic support from trading above its 50-day SMA, which reinforces the stability of a short-term corrective upward wave that continues to dominate the stock’s movement.

Therefore we expect the stock price to rise in its upcoming trading, as long as it remains above the $245.00 support level, targeting the $285.00 resistance level.

Today’s price forecast: Bullish.

Nu Holdings Ltd. (NU) stock price declined in its latest intraday trading, amid the dominance of a short-term corrective bearish trend while moving alongside a trend line supporting this path. The stock also remains under continued negative pressure from trading below its 50-day SMA. In the background, we observe negative signals from the Stochastic indicators after previously reaching deeply overbought levels.

Therefore we expect the stock price to decline in its upcoming trading, as long as it remains below the $13.30 resistance level, targeting the $11.20 support level.

Today’s price forecast: Bearish.