Salesforce (CRM) stock price remained nearly unchanged in its latest session after rising at the beginning of trading, driven by positive signals from the Stochastic indicators after reaching deeply oversold levels, as the stock attempted through this rise to attack the upper boundary of a short-term bearish price channel that has constrained trading during the recent period. This coincided with a collision against the resistance of its 50-day SMA, exposing the stock to compounded negative pressure that forced it to reverse lower and erase all of its early gains.

Therefore, as long as the stock price remains above the $173.30 level, our expectations continue to lean toward the upside in its upcoming trading, targeting the key resistance level at $204.85.

Today’s price forecast: Neutral

Dell Technologies (DELL) stock price declined in its latest intraday trading, as the stock attempts to establish a higher low that could serve as a base to gain the positive momentum needed to restore its recovery and rise again, amid the dominance of the main upward trend in the short term while moving alongside a minor trend line supporting this path, with continued positive pressure from trading above its 50-day SMA, which strengthens the chances of a near-term recovery, especially as the Stochastic indicators reached deeply oversold levels in an exaggerated manner compared to the price movement, suggesting the beginning of a positive divergence.

Therefore we expect the stock price to rise in its upcoming trading, especially as long as it remains above the $220.80 support level, targeting the $264.00 resistance level.

Today’s price forecast: Bullish

Costco Wholesale Corporation (COST) stock price soared through a series of strong gains in the recent period, successfully breaking above the key resistance level at $1,054, which had been our previous price target for the stock, driven by its continued trading above its 50-day SMA, which reinforces the stability and dominance of the main upward trend in the short term, while moving alongside a trend line supporting this path. However, in contrast, we notice the beginning of a negative crossover appearing on the Stochastic indicators after reaching deeply overbought levels, which may temporarily hinder the continuation of the stock’s upward move in the near term.

Therefore we expect the stock price to rise in its upcoming trading, especially as long as it remains above the $1,054 support level, targeting the next resistance level at $1,140.00.

Today’s price forecast: Bullish

AstraZeneca (AZN) stock price recorded slight gains in its latest intraday trading, influenced by the firmness of the key support level at $182.40, which provided the stock with some positive momentum through which it attempts to recover part of its previous losses, amid continued negative pressure from trading below its 50-day SMA, which reduces the chances of a full recovery in the near term, especially after breaking a main upward trend line in the medium term, alongside the beginning of negative signals emerging from the Stochastic indicators after reaching deeply overbought levels.

Therefore we expect the stock price to decline in its upcoming trading, especially if it breaks below the mentioned support level at $182.40, targeting the next support level at $172.70 afterward.

Today’s price forecast: Bearish