PFE approaching 12 year resistance The last time Pfe touched this resistance was back in August and the rejection was immediately. Here you can see this candlestick is the most bullish one in a decade.
There's some RSI divergence on the monthly
The MFI on daily has lit up and usually means a pullback is coming.
Keep your eye out around 52$-52.50 for some rejection or a breakout. any breakout will require massive vol so I would suspect some company news might leak for a catalyst.. Leits see what happens, I'm here either way
PFE trade ideas
Pfizer | Fundamental Analysis | Must Read ⚡️Pfizer has grown an authority at being first. The pharmaceutical behemoth was the pioneer to introduce a coronavirus vaccine a year ago. Since then, it has had several other successes: bringing the COVID-19 booster to market, getting approval for its vaccine for adolescents, and most recently getting approval for a vaccine for children.
This has been followed by a lot of revenue. Moreover, the company recently raised its revenue forecast for coronavirus vaccines this year to $36 billion. Pfizer also raised its total revenue forecast to at least $81 billion as demand for the company's other drugs grows as well.
At the same time, the company's stock is up about 18% this year. So now the big question is: Is it too late to buy Pfizer stock?
First, let's look at Pfizer's performance now and what may lie ahead. Last week, Pfizer reported a 134 percent increase in third-quarter revenue to $24.1 billion. That includes sales of the coronavirus vaccine.
It's impossible to say exactly how much sales of this drug will grow after the pandemic, but it looks like sales of the vaccine could remain at the "best-seller" level for a long time to come. Experts say the virus will persist into the future, so we need protection - and that means regular vaccinations. As recent studies have shown, immunity declines a few months after the initial vaccination.
Let's take a look at what Pfizer itself says about future vaccine revenues. During its earnings report, the company said that some projections of vaccine revenue for 2022 look "very high," and offered more moderate projections. Pfizer projected vaccine revenue for 2022 at $29 billion, based on the delivery of 1.7 billion doses.
That's still a pretty impressive level. And that figure could be higher. Pfizer can produce 4 billion doses, and the company is still negotiating with governments.
Meanwhile, two elements are helping Pfizer continue to gain market share for coronavirus vaccines: the booster and the use of the vaccine in children and adolescents. The company is just getting started in these areas, so they clearly can help boost orders as countries plan the number of doses needed for next year and beyond.
The competitor's Moderna vaccine is not yet available for teens and children in the U.S. This means that Pfizer has an opportunity to dominate these age groups.
At the same time, Pfizer is moving closer to conquering another COVID-19 market: the treatment market. The company's investigational coronavirus pill is currently in late-stage clinical trials. The company says trial data could be available as early as this quarter. The potential pill could be a game-changer because it could be prescribed immediately after a person is diagnosed with COVID-19 and could be taken at home.
Competing company Merck, however, maybe first on the market with a potential pill treatment. It has already requested approval for its drug. But given the need for such a drug, both companies could generate billions of dollars in revenue in this area.
Analysts talk a lot about coronavirus. But the reality is that Pfizer has many other sources of revenue today - and potential in the future. This means that Pfizer can continue to thrive even if sales of the COVID-19 vaccine stall or decline.
The drivers of today's revenue are seven other drugs. Two of them, the blood-thinning drug Eliquis and the cardiovascular drugs Vyndaqel/Vyndamax, posted double-digit revenue growth in the third quarter. Pfizer has 94 programs in development. Of these, 29 are in phase 3 trials. This is cause for optimism about the company's ability to make up for possible declines in sales of its older drugs.
As mentioned earlier, Pfizer stock is up this year, but the stock is only trading at 10 times earnings guidance. This is a bargain, given Pfizer's near- and long-term growth prospects.
Pfizer's growing return on invested capital and free cash flow are two more reasons to be optimistic about the stock.
Pfizer is also a good bet for income-seeking investors. The company just paid its 331st consecutive quarterly dividend.
So, is it too late to buy Pfizer? Not if you're a long-term investor. Pfizer stock hasn't soared as fast as stocks of biotech companies involved in the fight against the coronavirus. And they're unlikely to do so in the future. But Pfizer has plenty of fuel for incremental earnings growth in the future - and that should lead to sustained, long-term stock price gains.
$PFE Monday EASY PLAY!!!!-Cloud breakout gives us some confirmation of trend reversal
-Ichimoku Twist tells us that the bullish volume / Pressure has overtaken the bears
- On Friday we closed super strong and the daily candle has some high Buying pressure
-Looking to take an entry on the next pullback if any OR looking for a NHOD break
- Looking at contracts 2-3 weeks out for safety and taking this one up to $51.96
Pfizer and Ghislaine and JeffHavin a look is all. Such a move in PFE, worth reflecting on what Big Pharma really is. Do you know why USA is only country that allows TV commercials of Big Pharma? Any other countries? Why so many connections to FDA? Why so many connections to the Israelis and regular attendees at Bilderberg. People will dismiss these connections as tinfoil then drool over a vaguely worded FED statement, trusting the bots to decipher bias. People will place earnings trades based on economic data. And these larger Bilderbeg and WEF groups are looking at data from sky high macro view. From a practical perspective, some of them think they are just solving problems.
PFE to ATH PFE has been following the highs and lows on this bullish run with last bullish run to a T. Some of my most successful plays have been from finding these patterns and trading them. On top of that, the correction on PFE pulled back to the 78 fib line which is very healthy after a big run like it had. I am still very bullish on the next month for PFE and am anticipating new ath next end of month into dec.
TARGET HIT $PFR 9.05% in 14 days TARGET HIT $PFR 9.05% in 14 days
Wooo hoooo…. Great game!!!
Definitely room for this to go higher...
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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PFE Pfizer on the 8hr Popping the cloud.So I have been blending a lot of my styles together and recently i have had a lot of success with the 4 hr Chart using the cloud. When I remembered that I use to trade multiple timeframes because they repeat the same pattern on each time frame. So if that was the case I should be able to find a 8 hour chart where PFE is popping the cloud since the 4hr had already popped the cloud days ago. So I pulled up the 8hr and it was sitting in the cloud about to pop. It just popped the cloud and now is coming back down to find support before breaking out to go for a new high. Resistance is at 43.70. Once it gathers up enough shares to control the float it will clear this area.
The white line is actually the copy of the same move on the 4hr chart. I copied and pasted it on the 8 hr so I can get the exact same path the 4hr took on the 8hr chart.
by iCantw84it
11.01.2021
PFE Pennant breakout imminent?Hello,
after A-B-C Elliot correction PFE left the downward channel and created a Pennant which seems to be a bullish sign.
Possible breakout to the upside imminent. But beware of the earnings next week. Earnings might invalidate this theory.
But I think thos earning very well could act as positive catalyst too.
TP1: 45$ or +5% @0.382 Fibonacci
TP2: 47$ or +8% @0.5 Fibonacci
This is not financial advice.
PFIZER : CMP 43Script Name : PFIZER
CMP : 43
RESISTANCE : 45
Correction : ENTERING in Daily Timeframe
Description : Pfizer trading in correction.. currently already completed a pricewise correction on 4 hour and also on daily time frame...but Timewise Correction expected to go till DECEMBER or Till March...stock only buy above 45 and sl 42...
Can be avoided till breakout of 51
$PFE - Key Levels and Analysis$PFE - Key Levels and Analysis
So it looks like It might be time to start a position in PFE…
Target 45.92, or double position at 38.30
@Smartdaytrading I’m not sure if you saw this since the last post, its right at that projected buy level.
This is definitely on my radar for tomorrow.
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your due diligence.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
Pfizer could be a low risk play at this levels..!Pizer reacted to 200 EMA as well as one of the most important support levels(green line) and just gets out of the downward regression channel.
I think it is highly likely we see higher prices in the coming days.
My yesterday analysis: (it was not published publicly):
Entry: 41.55
Stop loss:40.92
Reward/Risk:5.03
Target range: 44.55
Time Frame: 2Wks
Possible gain: 7.635
Possible loss: 1.52%
Position size: 5 % of trading capital
This is a trade opportunity before the next earning call
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