Take-Two Interactive Software, Inc. (TTWO) stock price recorded a renewed rise in its latest intraday trading, benefiting from dynamic support provided by trading above its SMA50, which reinforces the stability and dominance of the main upward trend, especially as price action moves along a short-term supportive minor trend line. In addition, a positive crossover has begun to appear on the RSI after the stock managed to unwind its overbought conditions, giving it greater capacity to achieve further gains in the coming period.

Therefore we expect the stock price to rise in upcoming trading, as long as the $245.00 support level holds, to target the key resistance at $264.80.

Today’s price forecast: Bullish

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) stock price recorded a pullback in its latest intraday trading, as the stock took profits from its previous gains while attempting to build positive momentum that could help it resume its upward move. At the same time, the stock is trying to unwind part of its clear overbought conditions on the RSI, especially with the beginning of a negative crossover, despite continued positive support from trading above its SMA50. This comes under the dominance of the main short-term upward trend, with price action moving along a supportive trend line.

Therefore we expect the stock price to rise in upcoming trading, especially as long as it remains stable above the $311.35 support level, to target the first resistance at $338.85.

Today’s price forecast: Bullish

BioNTech SE (BNTX) stock price recorded further gains in its latest intraday trading, as the stock attempts to shake off the negative pressure from its SMA50 amid the dominance of a strong short-term corrective upward wave. This move is supported by incoming positive signals from the RSI, despite the indicator remaining within extremely overbought levels, which could temporarily limit the stock’s gains and lead to some corrective pullbacks in the coming period.

Therefore we expect the stock price to continue rising in upcoming trading, to target the $108.55 resistance level, as long as it remains stable above the $96.00 support level.

Today’s price forecast: Bullish

Carnival Corporation (CCL) stock price recorded a slight pullback in its latest intraday trading, as the stock attempts to build positive momentum that could help it break above the stubborn key resistance level at $32.80. This comes supported by its continued trading above its SMA50, which reinforces the strength and stability of the main short-term upward trend, especially with price action moving along a supportive trend line. In addition, positive signals have begun to emerge from the RSI after it reached extremely oversold levels compared to the stock’s price action.

Therefore we expect the stock price to rise in upcoming trading, especially if it succeeds in breaking above the $32.80 resistance level, to directly target the first resistance at $35.00.

Today’s price forecast: Bullish