🔉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
🔉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!
Pfizer Stock Analysis (PFE) - Potential Breakout with Support and RSI Divergence
Based on the information provided, we can craft an analysis of Pfizer stock (PFE) suggesting a potential breakout opportunity with underlying support and bullish RSI divergence. However, it's crucial to remember that this is not financial advice, and you should always conduct your...
It seems like the price may have hit its bottom, as we're seeing two Key Reversals on the Monthly timeframe.
This scenario could signal a Double Bottom, setting the stage for a high-probability trade setup with waiting for the price to break through the recent Lower High (LH) to confirm a change in trend.
Shifting our focus to the Daily timeframe, there...
Here I am again with another trade.
Pfizer is one of the many stocks I have been following for quite a time waiting for a good setup and I think now it's the time to go long,
Bullish RSI divergence, probable double bottom on a long time strong support area. We know this company has received a lot of heat because of covid, but Pfizer is a strong player in the...
Aggressive CounterTrend Trade 10F
- short impulse
+ biggest volume T1
+ support level
+ biggest volume 2Sp
Calculated affordable stop loss
1 to 2 R/R take profit before 1/2 of daily range
Monthly Context
- short impulse
+ 1/2 correction of 15 years long trend
+ historical volume
+ biggest volume of short trend
Pfizer (PFE) - signs of potential breakout 4-hour
Pfizer is a large pharmaceutical company that develops and sells vaccines, including a vaccine for pneumonia. The company's stock is undervalued, and it is starting to show signs of a breakout. The stock is up over 10% in the past month, and it is trading above its 50-day moving average.
Pfizer (PFE) Stock...
