Verizon Communications (VZ) stock declined in its latest intraday trading, as it attempts to gather positive momentum that may support recovery and a renewed rise. With this decline, the stock found support at its previous 50-day SMA, while the main bullish trend remains in control, with trading moving along an upward slope line that supports this path. In addition, a positive divergence has started to form in the Stochastic indicators after reaching strongly oversold levels, exaggerated relative to the stock’s movement, with positive signals beginning to appear.

Therefore, we expect the stock to rise in its upcoming trading, provided the support level of 42.88 holds, to then target the key resistance level of 45.75.

Today’s price forecast: Bullish.

Mattel (MAT) stock declined in its latest intraday trading, after hitting resistance at its previous 50-day SMA, which exposed it to negative pressure. This pressure was further reinforced by the stock’s movement along a short-term downward trend line, while the Stochastic indicators reached strongly overbought levels, reducing the chances of a near-term recovery.

Therefore, we expect the stock to decline in its upcoming trading, as long as the resistance level of 19.00 holds, to then target its first support level at 17.75.

Today’s price forecast: Bearish.

International Seaways, Inc. (INSW) stock continued to rise in its latest intraday trading, advancing to test the important resistance level of 47.95. The stock is supported by trading along a short-term corrective upward trend line, while positive pressure also persists from trading above its previous 50-day SMA. On the other hand, a negative crossover has started to appear in the Stochastic indicators after reaching strongly overbought levels, which may limit the stock’s upcoming gains if it fails to break the mentioned resistance.

Therefore, we expect the stock to rise in its upcoming trading, especially if it breaks the resistance of 47.95, to then target its next resistance at 54.85.

Today’s price forecast: Bullish.

Revolve Group (RVLV) stock declined slightly in its latest intraday trading, as it undergoes profit-taking from previous gains while attempting to gather positive momentum that could support recovery and renewed rise. The short-term corrective bullish trend remains in control, with trading moving along an upward slope line that supports this path. Positive pressure also continues from trading above its previous 50-day SMA, in addition to the flow of positive signals from the Stochastic indicators.

Therefore, we expect the stock to rise in its upcoming trading, especially as long as it remains above the key resistance of 23.46 to confirm the breakout, to then target its next resistance at 26.08.

Today’s price forecast: Bullish.