Accumulating PFE from $46.00 - $47.50
This is one of the stocks I hold indefinitely for dividends.
we're at the bottom of our current channel and a double bottom is forming in a major area of support.
In my previous post I stated my accumulation sections are in the lower end of the channel, so this is prime real estate to enter.
Momentum downwards has come to a halt and I believe we will retest the center channel line from this point.
I am diversifying a portion of profits I made from the last 2 trade set ups I've posted into PFE. A fundamentally sound entity in our current market economy.
I'm sure you could assume why.
we're at the bottom of our current channel and a double bottom is forming in a major area of support.
In my previous post I stated my accumulation sections are in the lower end of the channel, so this is prime real estate to enter.
Momentum downwards has come to a halt and I believe we will retest the center channel line from this point.
I am diversifying a portion of profits I made from the last 2 trade set ups I've posted into PFE. A fundamentally sound entity in our current market economy.
I'm sure you could assume why.
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