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We've got here many sings that are showing us that something big will happen.
Triangle + fibo + support line + volume profile and high volume.
If support line holds the price above, we're going up.
That's the necessary condition.
Pfizer coming into a triple bottom, and oversold on the RSI and MACD. If the bird flu (AKA H5N1) story gets bigger Pfizer could see a nice influx of money that may just follow the story.
Hey there,✌
NYSE:PFE In the daily timeframe, as observed, the price is currently fluctuating within the $25 range following a prolonged downtrend. The long-term trendline has been broken, and we can consider the following scenario: if the demand range is maintained, the price may experience positive fluctuations up to the $28 range. Then, if the $28 ceiling is...
PFE has a hideous chart, and while it may bounce short term to the $28-area, I don't have much hope for it to build any sort of notable rally without some significant accumulation period. So many better opportunities out there for now imo.
(1h timeframe)
DETAILS: the price made a traingle and brokeout ,it broke also the two emas (100,200) and continued the breakout , i wanted to see a big bullish candle to enter , when i entered the bullish candle tried to break very strong resistence area and swing high ( i tought that the candle will break this area and the swing , because of the breakout) the...
PFE had this buying opportunity some time ago (12 days ago), it did pull back and never closed below the stop loss point of 27.04 and now gearing up for an action. I am guessing a price target between 31-32 ( this is 1:2 and 1:3 risk reward areas)
Pfizer (PFE): NYSE:PFE
At Pfizer, we believe that Wave (2) has not yet completed because Wave B precisely hits the 138% level and structurally does not make sense unless we see a breakthrough of the invalidation zone of the potential subordinate Wave (i) at about $41.62. However, we must form at least a double bottom at $11, which is our minimum expectation...
🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
The falling wedge is a bullish price formation that tells a tale of the stock where bulls are gearing up for a new rally.
+ NYSE:PFE is trading below my estimate of fair value ($68.47). OVERSOLD!
+ Their Earning is expected to return to the $9-10 billion range (Pre-Covid). The current earning is 2.13 billion.
+ Paxlovid, Prevnar, Elliquis, Ibrance, Xeljanz,...
Reasons for bullish bias:
- The price has broken the downtrend trendline
- An entry at the lower highs (LH) breakout will provide further confirmation
- Currently, the price is in a consolidation phase
Here are the recommended trading levels:
Entry Level(Buy stop): 30.18
Stop Loss Level: 25.26
Take Profit Level 1: 35.1
Take Profit Level 2: 40.02
Take Profit Level 3: Open
