Monster Beverage Corporation (MNST) continued to advance in recent intraday trading, with the primary medium-term bullish trend remaining firmly in control. The stock continues to move alongside a short-term ascending trendline that supports the current upward trajectory. Positive pressure also remains intact as the stock continues to trade above its 50-day Simple Moving Average (SMA), reinforcing the strength of the prevailing uptrend. Meanwhile, momentum indicators continue to generate positive signals despite having reached extremely overbought territory.

Therefore, our outlook remains bullish for the stock's upcoming trading sessions, as long as support at $91.90 remains intact. Under this scenario, the stock is expected to target the key psychological resistance level at $100.00.

Today's price forecast: Bullish.

ASML Holding N.V. (ASML) surged higher in recent intraday trading, supported by the emergence of a bullish divergence on momentum indicators after they reached extremely oversold levels, to a degree that appeared exaggerated relative to the stock's price action. Positive signals have also started to develop on those indicators, enhancing the prospects for an extension of the current advance. This bullish outlook is further supported by the dominance of the primary upward trend, with the stock continuing to move alongside a short-term ascending trendline. In addition, the stock remains above its 50-day Simple Moving Average (SMA), which continues to provide positive dynamic support.

Therefore, our outlook remains bullish for the stock's upcoming trading sessions, as long as support at $1,730 holds firm. Under this scenario, the stock is expected to target the key psychological and resistance level at $2,000.

Today's price forecast: Bullish.

GameStop Corporation (GME) advanced in recent intraday trading as the stock attempts to recover part of its previous losses and ease its oversold conditions on momentum indicators. Positive signals have begun to emerge from those indicators, supporting the recent rebound. However, the stock remains under the influence of a steep short-term bearish wave, while continued trading below its 50-day Simple Moving Average (SMA) keeps negative pressure intact. The SMA is acting as a dynamic resistance level, limiting the prospects for a sustained recovery in the near term.

High-Risk Warning: GME belongs to the group of stocks commonly known as meme stocks, which are often subject to intense speculative trading activity. As a result, the stock's price movements can frequently diverge from technical expectations and financial fundamentals, sometimes producing sudden and unpredictable swings.

Therefore, our outlook remains bearish for the stock's upcoming trading sessions, as long as resistance at $22.75 remains intact. Under this scenario, the stock is expected to target the key support level at $20.00.

Today's price forecast: Bearish.

Pinduoduo Inc. (PDD) remained on modest and cautious gains in recent intraday trading, as the stock attempts to recover part of its previous losses. However, negative pressure continues to weigh on price action due to its trading below the 50-day Simple Moving Average (SMA), reinforcing the strength and stability of the primary short-term bearish trend. The stock also continues to move alongside a descending trendline that supports the current downtrend. At the same time, it is attempting to work off its oversold conditions on momentum indicators.

Therefore, our outlook remains bearish for the stock's upcoming trading sessions, with the stock expected to retest the $71.95 support level. A break below that level would strengthen the likelihood of an extension of the current downward move.

Today's price forecast: Bearish.