Nucor Corporation’s stock price (NUE) edged higher in latest intraday trading, while trying to recoup some recent losses, as it also tried to vent off oversold saturation in the Stochastic, with positive signals emerging from it, amid the dominance of the main downward trend in the medium term, as the price trades alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA. 

Therefore we expect the stock to return lower, targeting the pivotal support of $97.60, as long as the resistance of $122.40 holds on.

Today’s price forecast: Bearish

Carnival Corporation’s stock price (CCL) edged higher in latest intraday trading, while trying to pierce the resistance of $23.00, amid the dominance of the upward secondary wave in the short term, with ongoing positive support due to trading above the 50-day SMA, while the Stochastic reached oversold levels compared to the price’s movements, grating it more space to advance. 

Therefore we expect the stock to gain ground, provided the aforementioned resistance of $23.00 is breached, targeting the next one at $25.00.

Today’s price forecast: Bullish

BioNTech SE’s stock price (BNTX) skidded in latest intraday trading, amid the dominance of the downward secondary in the short term, as the price failed to shake off negative pressure from the 50-day SMA, giving in to pressure, amid negative signals from the Stochastic after reaching overbought levels. 

Therefore we expect more losses for the price, targeting the first support at $89.77, provided the resistance of $101.90 holds on.

Today’s price forecast: Bearish 

The price of (ETHUSD) declined in its recent intraday trading, affected by breaking a minor bullish bias line on the short-term basis, with the continuation of the negative pressure due to its continuous trading below its EMA50, besides the formation of a negative divergence on the (RSI), after reaching exaggerated overbought levels, with the emergence of the negative signals.