Pfizer’s stock price (PFE) fell in the intraday levels, after the pivotal resistance of $28.40 held on, while gathering momentum to pierce that resistance, as it also vented off overbought saturation in the RSI, with negative signals coming out of them, as the stock is also buoyed by piercing the downward short-term trend line previously, and by trading above the 50-day SMA.

Therefore we expect the stock to rise and target the resistance of $31.80, provided the resistance of $28.40 holds on.

Trend forecast: Likely Bullish 

Caterpillar’s stock price (CAT) rose in the intraday levels after managing to shake off negative pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend line, with positive signals from the RSI despite reaching overbought levels compared to the stock’s movements, hindering upcoming gains.

Therefore we expect more gains for the stock, targeting the pivotal resistance of $382.00, provided it settles above $355.00. 

Trend forecast: Bullish 

Blackberry Limited’s stock price (BB) rallied in the intraday levels, before bouncing lower and shaving some gains.

The stock was underpinned by an earlier breach of the downward short-term trend line, with positive support from the 50-day SMA, coupled with positive signals from the RSI after managing to vent off overbought saturation there.

Therefore we expect more gains for the stock, targeting the resistance of $4.44, provided it settles above $3.17. 

Trend forecast: Bullish 

Pinterest’s stock price (PINS) inched up in the intraday levels while buoyed by piercing the pivotal resistance of $41.60, with support from the 50-day SMA, and amid the dominance of the main upward trend in the medium term as it trades alongside the secondary short-term trend line.

The stock is trying to collect recent profits, and vent off overbought saturation in the RSI as negative signals stream out of them.

Therefore we expect more gains for the stock, targeting the first resistance at $44.65, provided it settles above $41.60. 

Trend forecast: Likely Bullish