ULTA Beauty (ULTA) stock price recorded a decline in its latest intraday trading after facing firm resistance at the key $695.30 level, as the stock takes profits from its previous gains and attempts to build fresh positive momentum that could help it break above that barrier. The main medium-term trend remains bullish, with price action moving along major and minor upward trend lines, while continuing to trade above the 50-day SMA, which provides dynamic support. Momentum indicators are also showing positive signals.

Therefore we expect the stock price to rise in upcoming trading, especially if it breaks above the $695.30 resistance level, to target the next resistance at $736.75.

Today’s price forecast: Bullish

Morgan Stanley (MS) stock price recorded a decline in its latest intraday trading, as the stock attempts to form a higher low that could serve as a base for building the positive momentum needed to resume its recovery. The price remains supported by its 50-day SMA and is also trading along a main upward trend line in the short term, which strengthens the chances of a near-term rebound. Momentum indicators are also showing positive signals after reaching heavily oversold levels.

Therefore we expect the stock price to rise in upcoming trading, provided it holds above the $172.60 support level, to target the key resistance at $192.65.

Today’s price forecast: Bullish

Dell Technologies (DELL) stock price recorded a strong jump in its latest intraday trading, after previously breaking above a short-term corrective downtrend line. The stock is receiving positive support from momentum indicators, even as they remain in heavily overbought territory. With this rise, the price is attempting to overcome the negative pressure from trading below its 50-day SMA, signaling a near-term recovery if strength continues.

Therefore we expect the stock price to rise in upcoming trading, provided it holds above the $117.70 support level, to target the $142.00 resistance level.

Today’s price forecast: Bullish

Generac Holdings Inc (GNRC) stock price recorded a slight pullback in its latest intraday trading, as the stock takes a pause to collect gains from its previous rise and attempts to build fresh positive momentum for the coming sessions. The price continues to trade above its 50-day SMA, which provides dynamic support and reinforces the dominant short-term upward trend. Momentum indicators are also showing positive signals after reaching deeply oversold levels, supporting the potential for renewed upside movement.

Therefore we expect the stock price to rise in upcoming trading, as long as it holds above the $168.00 support level, to target the key resistance at $196.90.

Today’s price forecast: Bullish