Cardano’s currency price (ADAUSD) edged higher in latest intraday levels, boosted by positive signals from the Stochastic, amid the dominance of the downward  correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, countered with positive pressure as it trades sideways in order to gather positive momentum.

Therefore we expect the price to rise and target the resistance of $0.7100, provided the support of $0.5569 holds on.

Today’s price forecast: Bullish

Advanced Micro Devices’ stock price (AMD) fell in latest intraday trading as the price settles below $93.12, amid the dominance of the main downward trend as the price trades alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels. 

Therefore we expect more losses for the price, provided it settles below $93.12, targeting the support of $75.90.

Today’s price forecast: Bearish

Palo Alto Networks’ stock price (PANW) fell in latest intraday trading amid negative pressure due to trading below the 50-day SMA, while trading within a descending correctional price channel that limited recent short-term trading, while the Stochastic reached overbought levels compared to the price’s movements, hinting at negative divergence.

Therefore we expect more losses for the price, provided the resistance of $174.95 holds on, targeting the first support at $164.00.

Today’s price forecast: Bearish

Palantir Technologies’ stock price (PLTR) rose mildly in latest intraday trading after leaning on the support of the 50-day SMA, lending the price some positive momentum, as it tries to breach the important resistance of $98.12, amid the dominance of the main upward trend in the short term, with negative signals from the Stochastic after reaching overbought levels, hindering recent gains.

Therefore we expect the price to rise in upcoming trading, provided the resistance of $98.12 is breached, targeting the next one at $110.30.

Today’s price forecast: Bullish