Autodesk’s stock price (ADSK) fell in the intraday levels amid negative signals from the RSI, after reaching overbought levels, while trying to gather positive momentum to rise anew, as it’s hurt by piercing the downward correctional trend line previously in the short term, with positive support from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the pivotal resistance of $269.50, provided the support of $227.60 holds on.

Trend forecast: Likely Bullish

TJX Companies’ stock price (TJX) inched down in the intraday levels while gathering positive momentum to rise anew, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

Therefore we expect the stock to return higher, targeting the resistance of $120.00, provided it settles above $109.40. 

Trend forecast: Likely Bullish

Alibaba Group Holdings’ stock (BABA) rose in the intraday levels, amid the dominance of the main downward trend in the medium term, with negative signals from the RSI after reaching overbought levels compared to the stock’s movements, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, targeting the first support at $71.80, provided it settles below $77.80. 

Trend forecast: Likely Bearish 

Pfizer’s stock price (PFE) fell in the intraday levels, amid the dominance of the main downward trend in the medium term, with negative pressure from the 50-day SMA, while a negative divergence starts forming in the RSI after reaching overbought levels compared to the stock’s movements, sending out negative signals. 

Therefore we expect more losses for the stock, targeting the pivotal support of $26.00, provided it settles below the resistance of $28.40. 

Trend forecast: Bearish