PFEMID-TERM: 4hr hidden bullish divergence developing at a major support which is also the .618 retrace. The stop loss is 2.5% under support and also below a potential gap fill. 5 Reward to risk. (Not financial advice)
PFIZ34 trade ideas
PFE12/27/20 - 1d Time Frame
1. Price action at the 37.27 - 36.13 area
2. MACD histogram shows losing downward trend momentum
3. Stochastics at oversold level
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I am hoping that price action will respect and bounce from 36.57 support and start playing above the 50ema while MACD crosses for a bullish move then price slowly go up and hit Target 1.
Disclaimer
My post in this channel should not be used as a replacement for investment advice from a qualified professional. All my post is for my own chart analysis practice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice. You, the reader, bear responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
Sentiment heats up and the hysteria of retailsA long-run trend channel have clearly showed that the increase section have been demonstrated. And in line with the Fibonacci retracement theory, the 0.618 of local high is 37.21, which has been recorded. It is the time for $PFE to corresponding the market sentiment.
Disclaimer: Nothing contained in this idea and analysis should be construed as investment advice. Past performance is not necessarily indicative of future results.
$PFE time to stop bleeding... at least for a while. I´m in since yesterday, might be a good level to benefit from a bounce. My stop loss is on $36.45.
PFIZER at Support Area (36.75 Key level)More details on PFIZER regarding to my previous post
PFIZER got rejected at 36.75 which was Fib key level, Watching closely this level and waiting for confirmation, if it breaks below 36.35 we may see 35 as our next target.
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TAKE YOUR VACCINE LONG POSITIONThe price had many reason to keep pushing higher:
1) Is over a horizontal support zone (before was a resistance one)
2) Is over a diagonal support zone respected many times
3) respected the SMA50
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PFE lets gooooooooo.Tittle is a little exaggerated but lets have some fun with this stuff. PFE made the move I was looking for in my previous analysis. GAP filled and at support and 50 day ema. 30min shows reversal signals. I am building a long here. Invalid if support breaks and price tests support as resistance. Long term I see this as a rising wedge but the target is pretty high. At this level, RvsR is very good.
PFIZER IN DEMAND AREAPFIZER recently got FDA approval for COVID-19 Vaccine.
As we see alignment of FIB key level of 0.618 and Volume Profile at this level. I would guess this would bounce back from 36-37 to new highs
Pfizer - So much HYPE but no price actionSo much hype around PFE but no price action. I still think its a $75-80 stock but we will get there one of two ways shown on the chart. They will be getting a F*uck ton of cash in their pockets very soon
Buy at $35 would be great, anything below $35 would be a steal
PFE with all the good news. Will it break $42 and fly high or ..PFE with all the good news. Will it break $42 and fly high or resting at hot-red zone between $35-37?
Share your thoughts?
PFizerIf there is any chance for pFE to bounce. This is the time. If your bullish in PFE the. Load up here. This is the exact support area that I would expect a strong support and bounce. 38.20 -38.04 area
