Salesforce (CRM) moved lower in recent intraday trading after encountering resistance at its 50-day Simple Moving Average (SMA), which placed renewed selling pressure on the stock. Momentum indicators have also started generating fresh bearish signals after reaching extremely overbought levels. Meanwhile, the primary short-term downtrend remains firmly in control, with price action continuing to track a descending trendline that reinforces the prevailing bearish trend.

Therefore, our outlook remains bearish for the stock's upcoming trading sessions, as long as resistance at $174.55 remains intact. Under this scenario, the stock is expected to target its first support level at $156.50.

Today's price forecast: Bearish.

Dell Technologies (DELL) surged higher in recent intraday trading after finding support at its 50-day Simple Moving Average (SMA), allowing the stock to regain strong positive momentum and post significant gains. The primary short-term uptrend remains firmly in control. Meanwhile, momentum indicators are beginning to form a bullish divergence after reaching extremely oversold levels relative to the stock's price action, with a bullish crossover also starting to emerge. These signals reinforce the positive technical outlook and improve the prospects for extending the current advance in the near term.

Therefore, our outlook remains bullish for the stock's upcoming trading sessions, as long as support at $367.00 remains intact. Under this scenario, the stock is expected to target the key resistance level at $469.00.

Today's price forecast: Bullish.

Costco Wholesale Corporation (COST) moved lower in recent intraday trading as the stock remained under the control of a short-term bearish corrective trend. Selling pressure continues to weigh on price action as the stock trades below its 50-day Simple Moving Average (SMA). Meanwhile, momentum indicators are beginning to form a bearish divergence after reaching extremely overbought levels relative to the stock's price action, with a bearish crossover also starting to emerge. These signals reinforce the negative technical outlook and leave the stock vulnerable to additional losses in the near term.

Therefore, our outlook remains bearish for the stock's upcoming trading sessions, as long as resistance at $969.00 remains intact. Under this scenario, the stock is expected to target the support level at $907.00.

Today's price forecast: Bearish.

Palo Alto Networks (PANW) moved lower in recent intraday trading after the stock once again held below the key resistance level at $368.80. This pullback appears to be allowing the stock to rebuild positive momentum that could support a breakout above that resistance. The primary short-term uptrend remains firmly intact, with price action continuing to follow a relatively steep ascending trendline, highlighting the strength of the prevailing bullish trend. In addition, the stock continues to trade above its 50-day Simple Moving Average (SMA), which is acting as dynamic support and reinforcing the positive technical outlook.

Therefore, our outlook remains bullish for the stock's upcoming trading sessions, as long as support at $318.35 remains intact. Under this scenario, the stock is expected to retest the key resistance level at $368.80 in preparation for a potential breakout.

Today's price forecast: Bullish.