Pfizer Inc. (PFE) stock price extended its gains in its latest intraday trading, supported by a previous breakout above the key resistance level at $27.65. Positive dynamic support remains intact as the stock trades above its 50-day SMA, reinforcing the stability and dominance of the primary bullish trend in the medium term, especially with price moving alongside a supporting trendline. In addition, positive signals continue to emerge from the Stochastic indicator, despite reaching extremely overbought levels.

Accordingly, we expect the stock price to rise during its upcoming trading sessions, as long as it remains stable above $27.65, targeting the first resistance level at $29.00.

Today’s price forecast: Bullish

Caterpillar Inc. (CAT) stock price extended its gains in its latest intraday trading, as the stock successfully overcame the negative pressure from its 50-day SMA. This comes amid the dominance of a primary bullish trend on the medium term, with price moving alongside a minor short-term trendline supporting this path. In the background, positive signals are beginning to emerge from the Stochastic indicator after the stock managed to ease its overbought conditions, giving it more room to extend its gains in the near term.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $664.55 remains intact, targeting the key resistance level at $789.80.

Today’s price forecast: Bullish

Target Corporation (TGT) stock price recorded a slight decline in its latest intraday trading, as the stock attempts to gain positive momentum that could help it recover and move higher again. This comes as dynamic support remains intact with the stock trading above its 50-day SMA, reinforcing the stability and dominance of a short-term corrective bullish trend, with price moving alongside a supporting trendline. In addition, positive signals continue to emerge from the Stochastic indicator, despite reaching extremely overbought levels.

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as it remains stable above the support level at $115.00, targeting the resistance level at $126.00.

Today’s price forecast: Bullish

Snowflake Inc. (SNOW) stock price recorded slight gains in its latest intraday trading, as the stock attempts to recover part of its previous losses. At the same time, it is trying to ease some of its evident oversold conditions on the Stochastic indicator, especially with the emergence of a positive crossover. This comes amid the dominance of a short-term corrective bearish trend, with price moving alongside a trendline supporting this path, while negative pressure persists as the stock trades below its 50-day SMA, limiting the chances of a near-term recovery.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as it remains below the resistance level at $156.00, targeting the support level at $135.40.

Today’s price forecast: Bearish