Arista Networks’ stock price (ANET) returned higher in latest intraday trading, confirming the breach of the pivotal resistance of $98.80, amid the dominance of the upward correctional trend in the short term, with ongoing positive pressure due to trading above the 50-day SMA, coupled with positive signals from the Stochastic despite reaching overbought levels.
Therefore we expect more gains for the price as long as it settles above $98.80, targeting the resistance of $112.00.
Today’s price forecast: Bullish
UiPath’s stock price (PATH) edged higher in latest intraday trading, benefiting from dynamic support due to trading above the 50-day SMA, amid the dominance of the upward correctional trend in the short term, coupled with positive signals from the Stochastic after reaching oversold levels.
Therefore we expect the price to rise as long as it settles above $12.10, targeting the first resistance at $13.50.
Today’s price forecast: Bullish
C3.ai’s stock price (AI) rose in latest intraday trading amid positive signals from the Stochastic, and with the dominance of the upward correctional trend in the short term, with dynamic support due to trading above the 50-day SMA, bolstering the upward trend.
Therefore we expect the stock to rise and target the pivotal resistance of $30.24, provided the support of $22.88 holds on.
Today’s price forecast: Bullish
Advanced Micro Devices’ stock price (AMD) fell in latest intraday trading after the current resistance of $144.12 held on, with the stock collecting recent profits, while trying to vent off overbought saturation in the Stochastic with negative signals streaming from it, as it also gathers positive momentum to pierce that resistance, amid the dominance of the upward correctional trend in the short term.
Therefore we expect the stock to return higher as long as the aforementioned resistance of $144.12 is breached, targeting the next one at $162.00.
Today’s price forecast: Bullish