3 simple potential zones of influence I will be interested in if the price will start descending, for both types of scenarios: consolidations or complete reversals. Also interested in the green curve in case the price finds support there and doesn't look like it can penetrate decisively below after earnings report.
Note
Some interesting candlestick at the blue zone. Hopefully we don't get to see the open extremely higher in order to assess in the next trading day the probability for a complete reversal. The short should still be safe, but still, might as well cash in in case this changes mood. Hopefully an update will come tomorrow before close...Note
Interesting development at the lower edge of the blue zone. This might trigger a bullish wave attempt, but not sure how big/long/ or powerful. Note
Correction occurred, bypassed the level of the white dot but came back eventually in the blue zone. Don't know if much action and movement should be expected before earnings which should give more signs of potential things to come for this stock.Note
Pfizer acting funny almost apoplectic between the blue zone and the white dot. The round pill had some side effects for this sliding bungee jump which could see it eventually break the green, (preferably with a retest), and slightly touch if not caress the redish pinkish potentially inflicting cardiac pulses into this spectrometer rectangle zone. Note
No signs of weakness yet in the previously added green zone. Unless the top edge of this area acts as resistance raising the potential for a reversal with the help of some bad earnings report, this could also keep climbing with or without the right earnings shove. Note
Last comment was a premature one. We are actually left with a pretty interesting very long candlestick shadow right at the previously developed/added green zone. It will be interesting to see if the zone holds as resistance in the next trading days.Note
Small rebound from the green curve but as mentioned before, I am actually expecting this to be broken on the downside eventuallyOrder cancelled
PfiZZer where have you been all my life? I have been waiting for you to come down here for a long time to reach our next destination which doesn't exist and might be void oblivion or irrelevant is the green rectangle in this position because I am not buying thi$...Note
for a potential bearish scenario
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.