The chart is self-explanatory as always :)
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buy signal on pfizer based on scanner which i used got a buy signal on friday (02/02/2024). bought at 4703.
Profit 10% and trilling
sl 5%
(disclaimer: i too trade based on my analysis. do your research.)
Pfizer is one of the world’s leading pharmaceutical company specializes in vaccines, hospitals, internal medicines and inflammation and immunology. Their manufacturing capacity is 4 billion tablets annually and supplied in neighboring countries of India.
Pfizer CMP is 3866. Negative aspects of the company are high valuation (P.E. = 28.3), MFs are decreasing...
They're buying Seagen for $43 billion so they can build an anti-cancer franchise. They need this. Pfizer has a strong pipeline, but when will they get behind their migraine drug, which was part of an acquisition? They're doing nothing with it.
#PFIZER
Results to be announced today (20-05)
stock closed with Bullish Engulfing though the volumes are not that much as compared.
if opens negative then TG : 4180 (Support).
If opens positive then TG : 4500 (Resistance).
Trade with the trend.
#PFIZER
Interesting chart. after the downtrend, the tock in the accumulation phase.
Support 4170-80 is holding many times.
Company is going to report the result on 20th May.
Resistance @ 4500-40.
Low risk kind of trade if entered near support.
