Shiba Inu (SHIBUSDT) declined in its latest intraday trading as the price attempts to relieve its overbought conditions on the relative strength indicators, particularly with negative signals starting to appear. Despite this, the cryptocurrency remains supported by a short-term bullish breakout above a descending trendline, with continued positive pressure from trading above its 50-period SMA — factors that enhance the overall bullish tone.

Therefore, we expect the digital currency to rise in its upcoming intraday trading sessions as long as the support level of 0.000009356 holds, targeting the key resistance level of 0.000011282.

Today’s price forecast: Bullish.

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) stock jumped higher in its latest intraday trading after rebounding from support at its 50-day SMA, remaining under the dominance of the main short-term bullish trend with trading aligned along an ascending line that supports this direction. In addition, positive signals have begun to appear on the relative strength indicators after reaching extremely oversold levels, reinforcing the bullish outlook.

Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of $280.30 holds, targeting the key resistance level of $311.35.

Today’s stock forecast: Bullish.

BioNTech SE (BNTX) stock rose in its latest intraday trading, with a short-term bullish trend dominating and trading aligned along an ascending line supporting this movement. The stock also benefited from resting on support at its previous 50-day SMA. Additionally, a positive divergence has begun to form on the relative strength indicators after they reached extremely oversold levels compared with price action, accompanied by the emergence of fresh positive signals.

Therefore, we expect the stock to rise in its upcoming trading sessions as long as the support level of $95.95 holds, targeting the key resistance level of $115.55.

Today’s stock forecast: Bullish.

Carnival Corporation (CCL) stock inched slightly higher in its latest intraday trading, supported by the emergence of positive signals on the relative strength indicators after reaching oversold levels, as the stock attempts to ease that condition. However, continued negative pressure from trading below the previous 50-day SMA keeps the short-term corrective bearish wave intact, with trading aligned along a descending line that reinforces this direction.

Therefore, we expect the stock to decline in its upcoming trading sessions as long as the resistance level of $28.12 holds, targeting the support level of $24.63.

Today’s stock forecast: Bearish.