starexplorer

Long PFE. Volume spike bigger than Covid crash.

Long
starexplorer Updated   
BATS:PFE   Pfizer
Long PFE.
Volume spike bigger than Covid crash.
Potential monthly reversal candle
MRNA bullish
Comment:
Major support from volume spike back in June 3rd 2013
Comment:
Volume spike today, MRNA at resistance level, monitoring
Comment:
Bottom volume spike should overpower
Best to wait for monthly candle close and not get phased by noise
Comment:
Tested 50 day SMA
Looks successful so far but daily candle needs to close above for confirmation
Trade closed: stop reached:
Broke below 50 day SMA
Trade active:
20 day ema potential bounce
Comment:
Healthcare conference organised by JPM and Cramer is talking to Pfe CEO.
Best to be cautious and not have a too big position.

1 hour potential bear flag.
Let's see how this weekly candle will close,
Ideally, don't want to lose 20 day EMA or make a weekly lower low.
Trade closed manually:
Closed as it feels like a bear flag on the short term

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.