Zcash (ZECUSD) price recorded sharp losses in its latest intraday trading, affected by trading below its SMA50, which formed dynamic pressure that led to a break below a main short-term upward trend line. This has exposed the price to compounded negative pressure, especially as negative signals continue to emerge from the RSI, despite the indicator remaining within extremely oversold levels.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as the $450.00 resistance level remains intact, to target the first support at $370.00.

Today’s price forecast: Bearish

Take-Two Interactive Software, Inc. (TTWO) stock price recorded a renewed rise in its latest intraday trading, benefiting from dynamic support provided by trading above its SMA50, which reinforces the stability and dominance of the main upward trend, especially as price action moves along a short-term supportive minor trend line. In addition, a positive crossover has begun to appear on the RSI after the stock managed to unwind its overbought conditions, giving it greater capacity to achieve further gains in the coming period.

Therefore we expect the stock price to rise in upcoming trading, as long as the $245.00 support level holds, to target the key resistance at $264.80.

Today’s price forecast: Bullish

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) stock price recorded a pullback in its latest intraday trading, as the stock took profits from its previous gains while attempting to build positive momentum that could help it resume its upward move. At the same time, the stock is trying to unwind part of its clear overbought conditions on the RSI, especially with the beginning of a negative crossover, despite continued positive support from trading above its SMA50. This comes under the dominance of the main short-term upward trend, with price action moving along a supportive trend line.

Therefore we expect the stock price to rise in upcoming trading, especially as long as it remains stable above the $311.35 support level, to target the first resistance at $338.85.

Today’s price forecast: Bullish

BioNTech SE (BNTX) stock price recorded further gains in its latest intraday trading, as the stock attempts to shake off the negative pressure from its SMA50 amid the dominance of a strong short-term corrective upward wave. This move is supported by incoming positive signals from the RSI, despite the indicator remaining within extremely overbought levels, which could temporarily limit the stock’s gains and lead to some corrective pullbacks in the coming period.

Therefore we expect the stock price to continue rising in upcoming trading, to target the $108.55 resistance level, as long as it remains stable above the $96.00 support level.

Today’s price forecast: Bullish