$PFE time to stop bleeding... at least for a while. I´m in since yesterday, might be a good level to benefit from a bounce. My stop loss is on $36.45.
PFE trade ideas
PFIZER at Support Area (36.75 Key level)More details on PFIZER regarding to my previous post
PFIZER got rejected at 36.75 which was Fib key level, Watching closely this level and waiting for confirmation, if it breaks below 36.35 we may see 35 as our next target.
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TAKE YOUR VACCINE LONG POSITIONThe price had many reason to keep pushing higher:
1) Is over a horizontal support zone (before was a resistance one)
2) Is over a diagonal support zone respected many times
3) respected the SMA50
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PFE lets gooooooooo.Tittle is a little exaggerated but lets have some fun with this stuff. PFE made the move I was looking for in my previous analysis. GAP filled and at support and 50 day ema. 30min shows reversal signals. I am building a long here. Invalid if support breaks and price tests support as resistance. Long term I see this as a rising wedge but the target is pretty high. At this level, RvsR is very good.
PFIZER IN DEMAND AREAPFIZER recently got FDA approval for COVID-19 Vaccine.
As we see alignment of FIB key level of 0.618 and Volume Profile at this level. I would guess this would bounce back from 36-37 to new highs
Pfizer - So much HYPE but no price actionSo much hype around PFE but no price action. I still think its a $75-80 stock but we will get there one of two ways shown on the chart. They will be getting a F*uck ton of cash in their pockets very soon
Buy at $35 would be great, anything below $35 would be a steal
PFE with all the good news. Will it break $42 and fly high or ..PFE with all the good news. Will it break $42 and fly high or resting at hot-red zone between $35-37?
Share your thoughts?
PFizerIf there is any chance for pFE to bounce. This is the time. If your bullish in PFE the. Load up here. This is the exact support area that I would expect a strong support and bounce. 38.20 -38.04 area
PFE - watching multi year base break out with Inverted H&S.PFE - Inverted H&S from April 1999 to December 2020. Upon the break-out of trendline, first target could be the depth of shoulder which is around $17 from breakout level. Have proper risk management in place before getting in.
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