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Taiwan Semiconductor price returns higher - Forecast today - 08-05-2025

Economies.com
2025-05-08 11:29AM UTC

Taiwan Semiconductor Manufacturing Company’s stock price (TSM) returned higher in latest intraday trading, amid the dominance of an upward correctional wave in the short term, as the price trades alongside the trend liner, with ongoing positive pressure due to trading above the 50-day SMA, while the price managed to vent off overbought saturation in the Stochastic. 

 

Therefore we expect more gains for the price, targeting the pivotal resistance of $182.90, provided the support of $166.95 holds on.

 

Today’s price forecast: Bullish

 

Vertex price exposed to a free fall - Forecast today - 08-05-2025

Economies.com
2025-05-08 11:29AM UTC

Vertex Pharmaceuticals’ stock price (VRTX) skidded in latest intraday trading and pierced the main upward trend line in the short term, with negative signals from the Stochastic after reaching overbought levels, coupled with negative pressure due to trading below the 50-day SMA.

 

Therefore we expect more losses for the price, provided it settles below $446.00, targeting the first support at $411.00.

 

Today’s price forecast: Bearish

 

AT&T price gathers positive momentum - Forecast today - 08-05-2025

Economies.com
2025-05-08 11:28AM UTC

AT&T’s price edged lower in latest intraday trading as the price tries to gather positive momentum to rise anew, while also venting off overbought saturation in the Stochastic, amid the dominance of the main upward trend as the price trades alongside the secondary short-term trend line, with ongoing positive pressure due to trading above the 50-day SMA.

 

Therefore we expect the price to rise and target the pivotal resistance of $29.00, provided the support of $27.00 holds on.

 

Today’s price forecast: Bullish

Forecast update for Ethereum -08-05-2025

Economies.com
2025-05-08 10:47AM UTC

The price of Ethereum (ETHUSD) soars high in its last intraday trading, to approach our target at the critical resistance at $1,900, to settle above it until this moment, surrounded by several positive pressures, the most important is the domination of the bullish correctional trend on the short-term basis and its trading alongside bias line, with the emergence of the positive signals on the (RSI), despite reaching overbought levels.