Pfizer’s stock price (PFE) fell in the last session amid the dominance of the main downward trend in the medium term while trading alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels compared to the price’s movements, hinting at negative divergence. 

Therefore we expect the price to decline and target the support of $20.95, provided the resistance of $23.00.

Today’s price forecast: Bearish

Caterpillar’s stock price (CAT) fell in latest intraday trading after the important resistance of $305.00 held on, after a short upward journey at which the price tried to correct the main downward trend as it trades alongside the trend line, with negative pressure due to trading below the 50-day SMA.

Therefore we expect more losses for the price, targeting the pivotal support of $270.00, provided the resistance of $305 holds on.

Today’s price forecast: Bearish

Target Corporation’s stock price (TGT) fell in latest intraday trading, amid the dominance of the main downward trend as the price trades alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic after reaching overbought levels, thus doubling negative pressure on upcoming trading.

Therefore we expect losses for the price, targeting the support of $87.35, provided the resistance of $98.50 holds on.

Today’s price forecast: Bearish

Snowflake’s stock price (SNOW) fell in latest intraday trading on profit-taking while gathering positive momentum to rise anew, as it also shook off negative pressure from the 50-day SMA, while exiting a descending correctional price channel that guided recent short-term trading, with positive signals from the Stochastic. 

Therefore we expect the price to rise and target the resistance of $166.75, provided it settles firmly above the support of $141.45.

Today’s price forecast: Bullish