PFE is set to drop to at least sub-30s prior to earnings. This 10.14% drop off its recent high around 32.94 on April 6th will be a great short opportunity. Looking for 85% movement on put positions for this change.
A LOT of info, talk and discussion on this stock. If you want to own shares, there is some prem down here at 29.50 I'll set .18 limit. This expires NEXT Friday. SOLID volume today and nice retest gap.
We have a retest of a pretty important level at 29.31. The price will probably bounce off this level giving us an opportunity to buy.
Opportunity to sell, let's check with a mid SL.
Forming Descending Wedge w/ Hidden Bullish Divergence in MFI
Pfizer is doing pretty well on long term perspective Price has tested and held the 10-year trend, by falling to 10-year uptrend border (at 30.5) during August selloff, then bouncing back up from it Price is also currently restoring its 5-year trend, however it is yet to trade above the 5 -year uptrend border at 33 Nothing stops the price from trending upwards -...
You can notice the size of the candle in the last week of August, when the selloff occurred due to headwinds coming from China, leaving the equity with a big bearish gap that should be closed to re-enter a bullish market. The current patterns suggest an uptrend, with 33.52, the gap's top, as an objective. Any drawback will lead the equity back to 31.82. The...
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MACD near bearish xover; so be patient for bullish xover
I see a reverse flag forming on PFE Ive met my previous forecast, you can find it in my older post. This stock is about to fall off a cliff.
Looking buying opportunity as price break out with high volume. Expecting AB=CD Pattern completion for TP at 37.30 RR=2.68 , SL@34.50 at bottom of the spike bar.
Earnings tomorrow. If is gaps below support then it is GOLDEN!
A good retest of old resistance, new support. Nice candle on the hourly.
A little play on two things, Viagra and the Matrix! Volume has been greater than average. Having a tough time getting through the resistance zone right on top of it. EMA's are bullish. SMA's crossed bullish. Bollinger Bands are headed closer together and a trigger could break the top band. Stochastics are headed toward being overbought but have room to...