TJX Companies, Inc. (TJX) declined in its latest intraday trading as negative signals flowed from the RSI indicators, while the stock attempts to acquire positive momentum that may help it recover and rise again. This comes amid continued positive pressure from trading above its previous 50-day SMA, which reinforces the stability and dominance of the main ascending trend, especially with the price moving alongside a short-term secondary trendline.

Therefore we expect the stock to rise in its upcoming intraday trading, as long as it remains above the support level of $145.00, targeting again the resistance level of $154.65 in preparation for testing it.

Today’s price forecast: Bullish

Autodesk (ADSK) extended its gains in its latest intraday trading, supported by a positive short-term technical formation—a falling wedge pattern. The recent rise enabled the stock to shed the negative pressure from its previous 50-day SMA, giving it room to target new resistance levels in the near term. However, we also note that the RSI indicators have reached extremely overbought levels, which may limit the stock’s upcoming gains.

Therefore we expect the stock to rise in its upcoming trading, as long as it remains above the support level of $299.40, targeting the pivotal resistance level of $326.60.

Today’s price forecast: Bullish

PayPal Holdings (PYPL) advanced slightly in a session marked by volatility, as the stock attempts to correct its main short-term descending trend amid continued negative pressure from trading below its previous 50-day SMA. This limits the stock’s ability to fully recover in the near term, especially with the RSI indicators reaching extremely overbought levels in an exaggerated manner compared to the price movement, suggesting the early formation of a negative divergence.

Therefore we expect the stock to decline in its upcoming trading, as long as it remains below the resistance level of $65.45, targeting again the support level of $58.00.

Today’s price forecast: Bearish

Pfizer (PFE) declined in its latest intraday trading as negative signals flowed from the RSI indicators, while the stock attempts to acquire positive momentum that may help it recover and rise again. The recent decline pushed the price to lean on support from its previous 50-day SMA, under the dominance of the main short-term ascending trend, with the stock moving alongside a supporting trendline.

Therefore we expect the stock to rise in its upcoming trading, provided it remains above the support level of $24.95, targeting the first resistance level at $26.10.

Today’s price forecast: Bullish