Hello all. As you can see I've been all about the low risk, simple swing trades these days! I believe if PFE hits the first green zone and stays in the channel, this should be a simple trade within the channel. I believe it may hit at least it's previous high, putting this swing at 30% profit if executed properly. This would be a good one to just do a partial profit take, or let it ride to see where it ends up with a conservative trailing stop. The continued growth is obvious and well, they make Viagra, sooo.....
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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.