Shopify’s stock price (SHOP) fell in latest intraday trading after the current resistance of $110.68 held on, with negative signals streaming from the Stochastic as the price tries to gather positive momentum to rebound and pierce that resistance, amid the dominance of the main upward trend in the medium term, while boosted by a positive technical pattern that formed at the end of the latest descending correctional wave, which is the Inverse Head and Shoulders pattern. 

Therefore we expect the price to rise, provided the resistance of $110.68 is breached, targeting the next one at $129.38.

Today’s price forecast: Bullish

Walt Disney Company’s stock price (DIS) inched lower in latest intraday trading, after the pivotal and stubborn resistance of $118.63 held on, with the price trying to gather positive momentum to breach that resistance, while also venting off overbought saturation in the Stochastic as negative signals emerged from it, with ongoing positive support from trading above the 50-day SMA, coupled with the dominance of the main upward trend in the short term. 

Therefore we expect more gains for the price, provided the aforementioned resistance of $118.63 is breached, targeting the next one at $129.00.

Today’s price forecast: Bullish

CrowdStrike Holdings’ stock price (CRWD) rose in latest intraday trading, boosted by positive signals from the Stochastic after reaching oversold levels, with ongoing negative pressure from trading above the 50-day SMA, amid the dominance of the main upward trend in the medium term. 

Therefore we expect the price to rise and target the resistance of $520.00, provided it settles firmly above the pivotal support of $455.60.

Today’s price forecast: Bullish

Rivian Automotive’s stock price (RIVN) fell in latest intraday trading, while hurt by piercing the upward secondary trend line in the short term, while trespassing the support of the 50-day SMA, coupled with negative signals from the Stochastic despite settling at oversold levels. 

Therefore we expect more losses for the price, provided it settles below the $14.14 resistance, targeting the support of $12.50.

Today’s price forecast: Bearish