Pfizer (PFE) declined in its latest intraday trading as negative signals flowed from the RSI indicators, while the stock attempts to acquire positive momentum that may help it recover and rise again. The recent decline pushed the price to lean on support from its previous 50-day SMA, under the dominance of the main short-term ascending trend, with the stock moving alongside a supporting trendline.

Therefore we expect the stock to rise in its upcoming trading, provided it remains above the support level of $24.95, targeting the first resistance level at $26.10.

Today’s price forecast: Bullish

Caterpillar, Inc. (CAT) rose in its latest intraday trading as the stock prepares to attack the pivotal resistance level of $596.20, supported by its continued movement above the previous 50-day SMA and under the dominance of the main medium-term ascending trend, with the price moving alongside a trendline that reinforces this path. However, we also note that the RSI indicators have reached extremely overbought levels, accompanied by the early emergence of a negative crossover, which may limit the stock’s ability to sustain rapid gains in the near term.

Therefore we expect the stock to rise in its upcoming trading, but only if it first breaks the mentioned resistance at $596.20, targeting thereafter its next resistance at $632.95.

Today’s price forecast: Bullish

Ethereum is seeing choppy movement in its latest intraday levels, supported by continued dynamic strength from trading above its 50-day SMA and influenced by its earlier breakout of a short-term descending trendline. The price is now preparing to attempt a break of the pivotal resistance at $3,090, but before that it is trying to relieve its clear overbought saturation on the RSI indicators, especially with the early emergence of a negative crossover.

Bitcoin  is holding onto its recent gains in its latest intraday levels, attempting to relieve part of its overbought saturation on the RSI indicators, especially with the arrival of negative signal inflows. This allows the price to shed surrounding pressure, helping it attempt a break of the important resistance level at $93,000. The cryptocurrency is supported by its earlier breakout of a main short-term descending trendline, as well as its continued trading above the 50-day SMA, which renews the positive momentum surrounding it.