Roblox Corporation’s stock price (RBLX) kept falling in the intraday levels, amid the dominance of the downward correctional wave in the short term as the stock trades alongside a very steep trend line in an indication of its strength, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels. 

Therefore we expect more losses for the stock, provided it settles below $55.10, targeting the support of $48.00.

Trend forecast for today: Bearish 

Williams-Sonoma’s stock price (WSM) returned lower in the intraday levels, amid the dominance of the downward correctional wave in the short term, while hurt by a negative pattern that formed recently, the Double Top pattern, as the stock was also hurt by trading below the 50-day SMA, with the decline accompanied by a spike in trading volumes. 

Therefore we expect more losses for the stock, targeting the support of $167.00, provided the resistance of $199.42 holds on.

Trend forecast for today: Bearish 

Charter Communications’ stock price (CHTR) fell in the intraday levels, ending a very volatile session at which the stock tries to gather momentum and rise anew, while also trying to vent off overbought saturation in the RSI, amid the dominance of the upward trend in the short term, with positive pressure from trading above the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of $415.00, provided the support of $345.00 holds on.

Trend forecast for today: Likely Bullish

Verizon Communications’ stock price (VZ) extended its gains in the intraday levels, and confirmed the breach of the pivotal resistance of $45.36, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, as the stock is buoyed by trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

Therefore we expect more gains for the stock, targeting the resistance of $50.00, provided it settles firmly above $45.36.

Trend forecast for today: Bullish