At the current price, I'm looking for a retest toward the daily target zone located on the chart. On 3/21 PFE announced news about dropping the decision to move forward with the weight loss drug. Since then, price dropped down in spike like fashion. After the big volume spike, on that date, volume cam down and slowly started to build up again for the bears but there may be some weakness here. I wonder if this is a good price range where short sellers are starting to get concerned? I don't care for news and and am mainly a volume trader. So this trade will be interesting and maybe we get some attention at some point.
If price goes lower, we will revisit if another opportunity presents itself.
If price goes lower, we will revisit if another opportunity presents itself.
Trade closed: target reached
target reached.
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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.