PayPal Holdings (PYPL) continued to rise in its latest intraday trading after successfully overcoming the negative pressure from the 50-day simple moving average, which provided fresh positive momentum to extend its gains. This advance was supported by bullish signals on the RSI, despite it reaching overbought levels, and was accompanied by a noticeable increase in trading volumes. The stock remains under the dominance of a short-term corrective uptrend, moving along an upward sloping line.

Therefore, we expect the stock to rise in upcoming trading sessions, as long as it remains above 70.70, targeting the key resistance level of 79.50.

Today’s price forecast: Bullish.

Pfizer (PFE) declined in its latest intraday trading after holding below the key resistance level of 27.57, as the stock took profits from its recent gains while attempting to build positive momentum that could help it break through this resistance. At the same time, it is unwinding overbought conditions on the RSI, especially with bearish signals starting to appear. Despite this, the short-term trend remains corrective bullish, supported by ongoing positive pressure from trading above the 50-day simple moving average, which enhances the stock’s recovery prospects in the near term.

Therefore, we expect the stock to rise in upcoming trading sessions, as long as support holds at 24.95, aiming to retest the mentioned resistance level of 27.57 in preparation for a possible breakout.

Today’s price forecast: Bullish.

Caterpillar Inc. (CAT) declined in its latest intraday trading, while maintaining dynamic support from trading above its 50-day simple moving average, and under the dominance of a main bullish trend in the short term, moving along an upward trend line. The stock’s pullback represents a profit-taking move from previous gains, as it attempts to unwind overbought conditions on the RSI, especially with emerging bearish signals. This consolidation could help the stock regain positive momentum and resume its upward trajectory.

Therefore, we expect the stock to rise in upcoming trading, as long as support holds at 459.58, targeting the resistance level of 511.80.

Today’s price forecast: Bullish.

Target Corporation (TGT) moved within a narrow sideways range in its latest intraday trading, preparing to break below the key support level of 87.35. The stock remains under sustained negative pressure, trading below its 50-day simple moving average, and within the dominance of a medium-term bearish trend along a descending line. Additionally, a negative divergence has begun forming on the RSI after it reached heavily overbought areas, signaling a potential loss of bullish momentum as bearish signals start to emerge.

Therefore, we expect the stock to decline in upcoming sessions, especially if it breaks below the mentioned support at 87.35, targeting the next support level at 81.35.

Today’s price forecast: Bearish.