PFE chart: TRENDS and Price TARGETS
Updated
PFE chart - Mid term/Longer term
Pretty bullish overall, but there is some downside showing (24, 18)
These points make some excellent buy zones.
Watch that first rejection trend
Really strong rejection trend at the top (thick red)
I'm liking 54 as an exit, but there is potential to fly past that.
Idk, I think at some point we see the downside of 18-17, but I'm sure when. If it happens sooner rather than later, strong buy.
Remember, you can wait for the price to go under your target and then buy when it starts going up to your target, or you can try and catch the falling knife.
Good luck!
Pretty bullish overall, but there is some downside showing (24, 18)
These points make some excellent buy zones.
Watch that first rejection trend
Really strong rejection trend at the top (thick red)
I'm liking 54 as an exit, but there is potential to fly past that.
Idk, I think at some point we see the downside of 18-17, but I'm sure when. If it happens sooner rather than later, strong buy.
Remember, you can wait for the price to go under your target and then buy when it starts going up to your target, or you can try and catch the falling knife.
Good luck!
Note
Decent rejection off trend, I would still be looking at the same price targets. I'm not sure about the short term, so watch a breakout on the current trend.
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Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.
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