mthompson45

PFE LONG

Long
NYSE:PFE   Pfizer
Pfizer (PFE) said Monday it has agreed to acquire Arena Pharmaceuticals for $100 per share in an all-cash deal with an equity value of about $6.7 billion.

Arena shares soared by nearly 93% in premarket trading to $96.29.

PFE's RSI is almost at 70.0 the highest it has been in a long time. I'm expecting a new ATH,
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