The Goodyear Tire & Rubber Company’s stock price (GT) extended its gains in latest intraday trading and tackled the important resistance of $11.65, boosted by trading above the 50-day SMA, coupled with positive signals from the Stochastic, amid the dominance of the upward correctional trend in the short term. 

Therefore we expect more gains for the stock, especially if the resistance of $11.65 is breached, targeting the next one at $13.25.

Today’s price forecast: Bullish

SalesForce’s stock price (CRM) fell in latest intraday trading while trying to seek a bottom to bolster it higher and help it gather momentum once again, thus leaning on the pivotal support of $268.00, representing the neckline of a positive technical pattern that formed at the end of the downward trend, the Double Bottom pattern.

This is especially important as the price also leaned on the support of the 50-day SMA, with a surge in trading volumes, as a positive divergence formed in the Stochastic after reaching oversold levels compared to the price’s movements, sending out positive signals.

Therefore we expect more gains for the price, provided the support of $268.00 holds on, targeting the resistance of $313.80 as a price target for that Double Bottom pattern.

Today’s price forecast: Bullish

Take-Two Interactive’s stock price (TTWO) extended its gains in latest intraday trading, boosted by trading above the 50-day SMA, with the dominance of the main upward trend in the medium term, while a positive divergence forms in the Stochastic after reaching oversold levels compared to the price’s movements, sending out positive signals. 

Therefore we expect more gains for the price, targeting the pivotal resistance of $240.75, provided the support of $218.75 holds on.

Today’s price forecast: Bullish

Taiwan Semiconductor’s stock price (TSM) edged lower in the last session while trying to gather positive momentum and vent off overbought saturation in the Stochastic, with negative signals streaming from it, amid the dominance of the upward correctional wave in the short term, with ongoing positive pressure due to trading above the 50-day SMA, accompanied by a surge in trading activities, indicating strong movements on the price.

Therefore we expect the price to rise and target the resistance of $213.20, provided the support of $184.60 holds on.

Today’s price forecast: Bullish