$PFE Ready for Bottom Fishing?NYSE:PFE is certainly a dog but, it has put in a higher low and the moving averages are starting to turn up. I like to go bottom fishing occasionally. PFE is my new candidate.
I have an alert set just above the current price where it may move above short-term resistance, around the thin blue line.
If it triggers and I take this trade, I can put a stop close by at either the day low or the previous day’s low. All TBD.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.