Palantir Technologies Inc.’s stock price (PLTR) declined in its latest intraday trading, as the stock attempted to gain positive momentum that could help it recover and rise again. At the same time, it is trying to ease its apparent overbought condition in the RSI indicators, especially with negative signals appearing, while continuing to receive positive support from trading above its previous 50-day SMA, and remaining under the control of the main upward trend, trading along a short-term trendline supporting this path.

Therefore, we expect the stock to rise in its upcoming trading, as long as the $161.45 support level holds, targeting the psychological resistance level of $200.00.

Today’s price forecast: Bullish

MicroStrategy Incorporated’s stock price (MSTR) declined in its latest intraday trading, as the stock attempted to gain positive momentum that could help it overcome the negative pressure from the previous 50-day SMA. At the same time, it is trying to ease its apparent overbought condition in the RSI indicators, especially after a negative crossover began to appear, while trading along a short-term main upward trendline.

Therefore, we expect the stock to rise in its upcoming trading, provided the support level of $358.50 holds, targeting the first resistance level at $430.35.

Today’s price forecast: Bullish

Merck & Company, Inc. (MRK) stock turned green in its latest session, with the short-term corrective bullish trend remaining in control and trading along a supportive upward-sloping trendline. Positive signals are appearing on the RSI after reaching highly oversold areas, allowing the stock to overcome the negative pressure of the previous 50-day SMA. This opens the door for further gains in the near term.

Therefore, we expect the stock price to rise in upcoming trading, as long as the 77.55$ support level holds, targeting the nearby key resistance level of 85.25$ in preparation to break it.

Today’s price forecast: Bullish

Spotify Technology (SPOT) stock rose slightly in its latest intraday trading, attempting to overcome the negative pressure of the previous 50-day SMA. The main bullish trend remains in control, supported by trading along a short-term upward-sloping trendline. However, negative signals have begun to appear on the RSI after reaching highly overbought areas, which may limit the stock’s advance in the near term.

Therefore, we expect the stock price to rise in upcoming trading, provided the 652.65$ support level holds, targeting the key resistance level of 785.00$.

Today’s price forecast: Bullish