๐ ๐ข
Ticker: Pfizer, Inc. (NYSE: PFE)
Chart: 30-Min Timeframe
Pattern: Ascending triangle breakout continuation
๐น Entry: $24.38 (breakout from consolidation + trendline support)
๐น Stop-Loss: $24.01 (below ascending trendline)
๐น Take Profits:
โโTP1: $24.89 โ Gap-fill resistance zone
โโTP2: $25.55 โ Measured breakout target
โ๏ธ Risk-Reward Calculation:
โ Risk/Share: $0.37
โ Reward to TP2: $1.17
โ R:R Ratio: ~1:3.1 โ
๐ง Technical Highlights:
โ Clean breakout from ascending triangle pattern
โ Strong move with steady volume support
โ Price reclaiming key resistance with bullish follow-through
Ticker: Pfizer, Inc. (NYSE: PFE)
Chart: 30-Min Timeframe
Pattern: Ascending triangle breakout continuation
๐น Entry: $24.38 (breakout from consolidation + trendline support)
๐น Stop-Loss: $24.01 (below ascending trendline)
๐น Take Profits:
โโTP1: $24.89 โ Gap-fill resistance zone
โโTP2: $25.55 โ Measured breakout target
โ๏ธ Risk-Reward Calculation:
โ Risk/Share: $0.37
โ Reward to TP2: $1.17
โ R:R Ratio: ~1:3.1 โ
๐ง Technical Highlights:
โ Clean breakout from ascending triangle pattern
โ Strong move with steady volume support
โ Price reclaiming key resistance with bullish follow-through
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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.
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.