Palo Alto Networks, Inc.’s stock price (PANW) slipped lower in latest intraday trading, after failing to breach the pivotal resistance level of $207.25, which exposed the stock to increased negative pressure. This led to a break below a short-term rising trend line, accompanied by a notable surge in trading volumes — technically confirming the breakdown. The move also took the price below the 50-day SMA, adding further to the surrounding bearish pressure.

Therefore we expect the stock to decline further in upcoming trading, especially if it stabilizes below the support level of $194.40, targeting the next support at $180.70.

Today’s price forecast: Bearish

Baker Hughes Company’s stock price (BKR) advanced in latest intraday trading, preparing to attack the pivotal resistance level of $40.38 amid the dominance of a short-term upward correctional trend and trading alongside a rising trend line. The move is supported by continued trading above the 50-day SMA, along with positive signals streaming from the Stochastic, despite it remaining in overbought territory.

Therefore we expect the stock to rise in upcoming trading, especially if it breaches the resistance of $40.38, targeting the next resistance at $44.00.

Today’s price forecast: Bullish

The price of (ETHUSD) declined in its recent intraday levels, gathering the gains of its last rises, attempting to offload its clear overbought conditions, especially with the emergence of negative overlapping signals, amid the dominance of strong bullish wave on the short-term basis and its trading alongside a bias line.

The price of (BTCUSD) continues the rise in its intraday levels, recording new historical levels where it reached our morning target at $118,000, to bounce back in a truce to catch its breath, attempting to gather the gains on its previous rises, and attempting to offload its clear overbought conditions on the (RSI), with the beginning of negative overlapping signals on them, gathering its positive strength that might assist it to rise again and breaching this resistance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.