Palo Alto Networks (PANW) stock rose in its recent intraday trading, despite the dominance of the main downward trend and the stock moving alongside a trend line supporting this path, while negative pressure persists due to trading below its 50-day simple moving average, which reinforces the surrounding downside pressure, as the stock attempts through this rise to ease some of its clear oversold conditions in the Relative Strength Index, especially with the emergence of a positive crossover.

Therefore we expect the stock price to decline in the coming trading sessions, as long as it remains below the resistance level at $165.00, targeting the key support level at $144.00.

Today’s price forecast: Bearish

Palantir Technologies Inc (PLTR) stock fell in its recent intraday trading, closing at the session’s lowest level, breaking below support at its 50-day simple moving average, which exposes it to further negative pressure in the near term, as the short-term corrective downward trend remains dominant, moving alongside a supporting trend line, in addition to negative signals from the Relative Strength Index.

Therefore we expect the stock price to decline in the coming trading sessions, as long as it remains below the resistance level at $161.00, targeting the key support level at $128.00.

Today’s price forecast: Bearish

MicroStrategy (MSTR) stock declined in its recent intraday trading after facing resistance at its 50-day simple moving average, with the stock succumbing to surrounding negative pressure, as the main medium-term trend remains downward, moving alongside a trend line, in addition to negative signals from the Relative Strength Index despite reaching oversold levels.

Therefore we expect the stock price to decline in the coming trading sessions, as long as it remains below the resistance level at $152.35, targeting the key support level at $104.20.

Today’s price forecast: Bearish

Merck & Company, Inc. (MRK) stock is holding on to strong gains in its recent intraday trading, supported by positive and dynamic momentum as it continues to trade above its 50-day simple moving average, with the main short-term trend remaining upward, moving alongside a supportive trend line, in addition to positive signals from the Relative Strength Index despite reaching overbought levels.

Therefore we expect the stock price to rise in the coming trading sessions, as long as support at $113.85 holds, targeting the key resistance level at $125.00.

Today’s price forecast: Bullish