TJX Companies’ stock price (TJX) edged lower in latest intraday trading, amid ongoing negative pressure due to trading below the 50-day SMA, but the upward trend dominates in the medium-term, with positive signals emerging from the Stochastic after reaching oversold levels.
Therefore we expect the stock to rise and target the first resistance at $128.00, provided the support of $121.00 holds on.
Today’s price forecast: Bullish
Autodesk’s stock price (ADSK) rose in latest intraday trading, boosted by positive signals from the Stochastic, with dynamic support due to trading above the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms.
Therefore we expect the price to rise and target the pivotal resistance of $317.00, provided the support of $290.60 holds on.
Today’s price forecast: Bullish
PayPal Holdings’ stock price (PYPL) extended its gains in latest intraday trading, boosted by 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 RSI after reaching oversold levels.
Therefore we expect the price to rise and target the important and near resistance at $75.30.
Today’s price forecast: Bullish
Pfizer’s stock price (PFE) rose in latest intraday trading and tackled the pivotal resistance of $24.50, amid the dominance of the upward correctional wave in the short term, with ongoing positive pressure due to trading above the 50-day SMA, coupled with positive divergence from the Stochastic after reaching oversold levels compared to the stock’s movements.
Therefore we expect the stock to rise as long as it breaches the aforementioned resistance of $24.50, targeting the next one at $26.50.
Today’s price forecast: Bullish