Oracle Corporation (ORCL) slipped lower in its latest intraday trading, breaking below the key support level of 218.80 dollars, as a steep short-term corrective downtrend continues to dominate its movement. The stock remains under persistent negative pressure while trading below the 50-day simple moving average, and fresh negative signals are emerging again on the Relative Strength Indicators after the stock previously managed to unwind its oversold conditions. This gives ORCL additional room to extend its losses in the near term.

Therefore, we expect the stock to decline in the upcoming sessions, as long as it remains below 218.80 dollars, targeting the support level of 179.55 dollars.

Today's price forecast: Bearish

Johnson & Johnson (JNJ) extended its advance in its latest intraday trading, with the stock remaining under the full control of a strong primary uptrend, moving steadily along both major and minor ascending trendlines that reinforce this trajectory. The bullish momentum is further supported by continuous dynamic pressure from trading above the 50-day simple moving average. However, the Relative Strength Indicators remain stuck in extremely overbought territory, which may limit the stock’s upcoming gains.

Therefore, we expect the stock to rise in the upcoming sessions, as long as the support level of 194.50 dollars holds, targeting the nearby resistance level of 210.20 dollars.

Today's price forecast: Bullish

Home Depot (HD) inched higher in its latest intraday trading, as the stock attempted to recover part of its earlier losses while also working to unwind some of its clear oversold conditions on the Relative Strength Indicators, supported by the initial arrival of positive signals. This comes despite the dominance of a strong short-term downtrend, with price action moving along a sharply descending secondary trendline, reflecting the strength and depth of the negative momentum surrounding the stock.

Therefore, we expect the stock to decline again in the upcoming intraday sessions, as long as the resistance level of $356.10 remains intact, targeting the key support level of $326.30.

Today's price forecast: Bearish

AbbVie (ABBV) jumped higher in its latest intraday trading, supported by ongoing dynamic momentum as the stock continues to trade above its 50-day simple moving average. This comes under the dominance of a primary short-term uptrend, with price action moving along an ascending trendline that reinforces this trajectory. The recent rise followed the stock’s successful unwinding of some of its clearly overbought levels on the Relative Strength Indicators, giving it broader room to extend gains in the coming period.

Therefore, we expect the stock to rise in the upcoming trading sessions, as long as the support level of $225.30 remains intact, targeting the key resistance level of $244.80.

Today's price forecast: Bullish