Revolve Group (RVLV) stock price recorded a strong jump in its latest intraday trading, accompanied by a noticeable increase in trading volumes and supported by positive signals from the Stochastic indicator. This comes amid the dominance of a medium-term bullish trend, with price moving alongside a supporting trendline. However, the stock still faces negative dynamic pressure as it continues to trade below its 50-day SMA.

Therefore we expect the stock price to rise during its upcoming trading sessions, provided that support at $23.60 remains intact, targeting the resistance level at $28.35.

Today’s price forecast: Bullish

Toast (TOST) stock price recorded slight gains in its latest intraday trading, as the stock attempts to recover part of its previous losses. However, negative pressure remains in place as it continues to trade below its 50-day SMA, under the dominance of a short-term bearish trend while moving alongside a trendline supporting this path. In the background, the Stochastic indicator shows the early formation of a negative divergence after reaching extremely overbought levels, accompanied by emerging negative signals.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $28.65 remains intact, targeting the key support level at $22.90.

Today’s price forecast: Bearish

On Holding AG (ONON) stock price recorded a decline 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, the price is trying to ease part of its overbought conditions on the Stochastic indicator, especially with the beginning of negative signals, while this pullback has brought the stock to test support at its 50-day SMA amid the dominance of a short-term corrective bullish trend.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $45.20 remains intact, targeting the key resistance level at $50.00 in preparation for a potential test.

Today’s price forecast: Bullish

Broadcom (AVGO) stock price recorded a decline in its latest intraday trading, amid the dominance of a short-term corrective bearish wave, while moving alongside a trendline supporting this path. Negative pressure is increasing as the stock continues to trade below its 50-day SMA, alongside the emergence of negative signals from the Stochastic indicator after reaching extremely overbought levels.

Therefore we expect the stock price to decline during its upcoming trading sessions, especially if it breaks below the current support level at $324.50, targeting the next support level at $287.00.

Today’s price forecast: Bearish