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

Carnival Corporation (CCL) stock price recorded a slight pullback in its latest intraday trading, as the stock attempts to build positive momentum that could help it break above the stubborn key resistance level at $32.80. This comes supported by its continued trading above its SMA50, which reinforces the strength and stability of the main short-term upward trend, especially with price action moving along a supportive trend line. In addition, positive signals have begun to emerge from the RSI after it reached extremely oversold levels compared to the stock’s price action.

Therefore we expect the stock price to rise in upcoming trading, especially if it succeeds in breaking above the $32.80 resistance level, to directly target the first resistance at $35.00.

Today’s price forecast: Bullish

Nucor Corporation (NUE) stock price recorded a pullback in its latest intraday trading, following the stabilization of the key resistance level at $170.50, as the stock attempts to build positive momentum that could help it break above this resistance. At the same time, it is trying to unwind part of its clear overbought conditions on the RSI, especially with the beginning of a negative crossover, while dynamic support remains in place from trading above its SMA50, reinforcing the stability and 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, but only if it first succeeds in breaking above the $170.50 resistance level, to target the next resistance at $190.00.

Today’s price forecast: Bullish

The price of (ETHUSD) rose in its last intraday trading, as it is leaning on EMA50’s support, gaining bullish momentum that helped it to settle and achieve these gains, after a decline journey to look for rising low that might help it gain the required bullish momentum for its recovery, to notice forming positive divergence on the relative strength indicators, after reaching exaggerated oversold levels compared to the price move, with the emergence of the positive signals.