Target Corporation’s stock price (TGT) edged lower in latest intraday trading as the price attempts to gather positive momentum to maintain the upward correctional trend in the short term, while leaning on the support of the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels, boosting the chances of gains.
Therefore we expect the price to gain ground and target the pivotal resistance of $103.00.
Today’s price forecast: Bullish
Snowflake’s stock price (SNOW) edged lower in latest intraday trading on profit-taking, while gathering positive momentum to rise anew, with positive signals from the Stochastic, coupled with ongoing positive support due to trading above the 50-day SMA, with the dominance of the main upward trend as the price trades alongside the secondary short-term trend line.
Therefore we expect the price to rise and target the resistance of $240.00, provided the support of $206.00 holds on.
Today’s price forecast: Bullish
Texas Instruments Incorporated’s stock price (TXN) edged lower in latest intraday trading, after the current resistance of $205.75 held on, while the stock tries to gather positive momentum to pierce that resistance, amid the dominance of the upward correctional trend in the short term, with positive signals from the Stochastic after reaching oversold levels compared to the price’s movements.
Therefore we expect more gains for the price as long as it breaches the resistance of $205.75, targeting the next one at $220.40.
Today’s price forecast: Bullish
Pinterest’s stock price (PINS) fell mildly in latest intraday trading, in an attempt to gather positive momentum quickly and rise anew, while trading alongside the upward correctional trend line in the short term, with ongoing positive pressure due to trading above the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels compared to the stock’s movements.
Therefore we expect the price to rise and target the first resistance at $37.40, provided the support of $33.30 holds on.
Today’s price forecast: Bullish