Roblox Corporation (RBLX) edged higher in its latest intraday trading, as the stock attempts to recover part of its previous losses, while also trying to unwind part of its clear oversold condition on the RSI, especially with the start of positive signals. However, the short-term corrective bearish trend remains in control, with price action moving alongside a supporting downward trendline, in addition to the continued negative pressure from trading below its 50-day SMA.

Therefore we expect the stock price to decline in the upcoming intraday trading, as long as resistance at 91.90 holds, to target the support level at 75.75.

Today’s price forecast: Bearish

Williams-Sonoma, Inc. (WSM) edged lower in its latest intraday trading, as the stock attempts to build positive momentum that could help it recover and move higher again. At the same time, it is trying to unwind part of its clear overbought condition on the RSI, especially with the emergence of negative signals. Despite this pullback, the stock remains supported by trading above its 50-day SMA, while a short-term bullish wave continues to dominate, with price action moving alongside a supporting upward trendline.

Therefore we expect the stock price to rise in the upcoming intraday trading, provided that support at 183.90 holds, to target the first resistance level at 199.10.

Today’s price forecast: Bullish

Charter Communications, Inc. (CHTR) declined in its latest intraday trading, as the main bearish trend continues to dominate the short term. The stock remains under negative pressure due to trading below its 50-day SMA, which limits the chances of a sustainable recovery in the near term. In addition, negative signals are coming from the RSI after reaching extremely overbought levels, reinforcing the downside pressure.

Therefore we expect the stock price to decline further in the upcoming intraday trading, as long as resistance at 216.00 holds, to target the support level at 193.00.

Today’s price forecast: Bearish

Verizon Communications (VZ) rose in its latest intraday trading, as the stock attempts to unwind part of its clear oversold conditions on the RSI, supported by the emergence of positive signals from the indicator. However, this rebound collided with resistance at its 50-period SMA, while price action continues to move alongside a minor downward trendline on the short term, keeping downside pressure intact.

Therefore we expect the stock price to decline in the upcoming intraday trading, as long as resistance at 41.00 holds, to target the support level at 39.70.

Today’s price forecast: Bearish