Ethereum Classic (ETCUSD) price recorded a decline in its latest intraday trading, amid continued negative pressure resulting from trading below its 50-day SMA, which reinforces the stability and dominance of the main bearish trend, especially with price moving alongside a short-term minor trendline supporting this path. In addition, the Stochastic indicator is showing negative signals, which increases the surrounding downside pressure.

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as resistance at $8.40 remains intact, targeting the key support level at $7.85.

Today’s price forecast: Bearish

Intel Corporation (INTC) stock price recorded further gains in its latest intraday trading, benefiting from dynamic support represented by trading above its 50-day SMA, which reinforces the stability and dominance of the main short-term bullish trend, especially with price moving alongside a supporting trendline. In the background, the Stochastic indicator continues to show positive signals despite reaching extremely overbought levels.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as it remains stable above the support level at $44.00, targeting the key resistance level at $51.50.

Today’s price forecast: Bullish

Broadcom (AVGO) stock price recorded a slight decline in its latest intraday trading, as the stock attempts to gain positive momentum that could help it recover and move higher again. At the same time, the price is trying to ease part of its clear overbought conditions on the Stochastic indicator, especially with the beginning of a negative crossover. This comes while the stock is affected by a positive technical pattern formed in the short term, represented by a falling wedge, alongside continued positive dynamic pressure as it trades above its 50-day SMA.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as it remains stable above the support level at $324.50, targeting the resistance level at $382.00.

Today’s price forecast: Bullish

Berkshire Hathaway Inc. New (BRK.B) stock price recorded a decline in its latest intraday trading, as the stock moved below the support of its 50-day SMA, exposing it to additional negative pressure in the near term. This comes alongside emerging negative signals from the Stochastic indicator after reaching extremely overbought levels relative to price action, suggesting the exhaustion of the stock’s recent positive momentum. Meanwhile, the stock is attempting to gain positive momentum that could help it recover and move higher again, amid the dominance of a short-term minor bullish wave.

Therefore we maintain a neutral outlook for the stock’s upcoming intraday trading sessions, as long as the price remains above the support level at $489.00, targeting the resistance level at $506.70.

Today’s price forecast: Neutral