12/23/24 - PFE: new BUY mechanical signal.12/23/24 - PFE: new BUY signal chosen by a rules based, mechanical trading system.
PFE - BUY
Stop Loss @ 24.80
Entry BUY @ 26.71
Target Profit @ 29.54
Analysis:
1. On the Higher timeframe - Prices have stayed above the lower channel line of the ATR (Average True Range) Channel
2. Higher timeframe - Trader Vic's (Victor Sperandeos) 1-2-3/2B Buy pattern...where the lowest current bottom breakout price is greater than the preceding bottom price