Ulta Beauty (ULTA) stock witnessed a slight decline in its latest intraday trading, as the stock attempts to gain positive momentum that may help it recover and rise again. The short-term corrective bullish trend remains in control, with trading moving along a supportive slope line for this path. The stock also continues to benefit from positive pressure generated by trading above its previous 50-day SMA, in addition to the flow of positive signals in the Stochastic indicators.

Therefore, we expect the stock to rise in its upcoming trading, as long as it remains stable above 491.98, to then target the key resistance level of 562.80.

Today’s price forecast: Bullish.

Morgan Stanley (MS) stock held steady on gains in its latest intraday trading, with the main medium-term bullish trend remaining in control, while trading along a minor upward slope line on the short term that supports this path. The stock is also benefiting from dynamic support provided by trading above its previous 50-day SMA, in addition to the emergence of positive signals in the Stochastic indicators after reaching excessively oversold levels relative to the price movement.

Therefore, we expect the stock to rise in its upcoming trading, as long as it remains stable above 141.00, to then target the resistance level of 155.00.

Today’s price forecast: Bullish.

Dell Technologies (DELL) stock advanced slightly in its latest intraday trading, after finding support at its previous 50-day SMA. The short-term corrective bullish trend remains in control, with a positive divergence starting to form in the Stochastic indicators after reaching extremely oversold levels, exaggerated relative to the stock’s movement. A positive crossover has also begun to appear, adding to the surrounding bullish momentum.

Therefore, we expect the stock to rise in its upcoming trading, provided the support level of 123.88 holds, to then target the key resistance level of 147.66.

Today’s price forecast: Bullish.

Generac Holdings Inc. (GNRC) stock declined slightly in its latest intraday trading after stabilizing below the key resistance level of 195.95. The stock is attempting to gain positive momentum that may help it break this resistance, while the main short-term trend remains bullish, supported by continued trading above its 50-day SMA. In addition, we notice the beginning of a positive crossover in the Stochastic indicators, following their retreat from extremely oversold levels.

Therefore, we expect the stock to rise in its upcoming trading, provided it first breaks through the mentioned resistance of 195.95, to then target its next resistance at 221.60.

Today’s price forecast: Bullish.