Entre el día 07/07/2015 y el 21/08/2016, en el gráfico del precio de PFE, en velas de 1 día, podemos ver la formación y posterior desarrollo de un patrón Hombro-Cabeza-Hombro.
Pfizer has completed a bearish butterfly pattern and will likely decline.
The first downside projection is Fibonacci .618, which is the rising 89 day moving average.
Second down side projection is $31.
The phase energy (top indicator) has turned red and is drifting lower. This will probably result in a negative zero line crossover.
Vortex (middle indicator) is...
In my opinion, Pfizer is about to drop. The chart above indicates a completed bearish butterfly harmonic pattern.
From my TRADE-MAP approach:
1. The Ichimoku Cloud is SINKING, with lower prices now (than structure to the left). 2. Prices are beginning another ROLLOVER, BEETHOVEN. 3. Prices are falling BELOW the thick red Ichimoku Cloud Conversion line. 4. The...
PFE are testing the $33.80 level after a positive earnings response which is a technically important price point through the last 2 years, The price site above ll key moving averages and we will be looking for a move higher than yesterdays close after the stock goes ex-dividend today to confirm continuation of uptrend.
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.
PFE / Allergan inversion deal got its last nail in the coffin and is past history now. From technical point of view, the price broke out from an ascending channel, we take the first oscillation height (in pink) as a rough guideline for defining the next target. This target area is matching SSB and Kijun levels seen in the past as well, especially the flat cloud...
Go long the PFE if it trades at 30.17 or higher. If triggered, place your stop at 29.43 and exit the position for a profit T1 at 30.80 or profit T2 at 31.50 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely).
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