PFE SL-$25,72 TP-$26,08Technical Analysis:
MACD crossover on H4
Momentum
Mean reversion on the daily chart
Key facts today
Swing trade with 15%+ upside potentialBased on RSI and price action, it seems that $25 is a good entry for a swing trade with TP at $29.50+, before next earnings report. The stock has done that move two times from December 2023. The only alarming factor is the sharp fall of OBV, but the risk-reward ratio of the play is very attractive.
PFE Operation PlanFor this trade on Pfizer (PFE), we will implement a staggered entry strategy with three designated entry points at $27, $26, and $25. This approach allows for a cost-averaging method and improved risk management as the market fluctuates.
Our profit targets are set at $29, $30, and $31, ensuring we
PFE 1H Long Swing Conservative Trend TradeConservative Trend Trade
+ long impulse
+ SOS level
+ support level
+ 1/2 correction
+ biggest volumed Sp
Calculated affordable stop limit
1 to 2 R/R take profit before 1/2 of the Month
Expandable to 1/2 of the Year
Daily Trend:
"+ long impulse
+ neutral zone
+ close to 1/2 correction"
Monthly Co
Pfizer Is Little SickThe momentum to the downside is apparent here. This trade is setting up for a potential big move to the downside. The bullish trend that PFE had the last few weeks seems to just be a giant bear leg.
The chart above shows all the details. Momentum is in our favor here.
Pfizer will go to $ 5.05 and then maybe lowerThere is a beautiful Daily Chart bear flag playing out on this play. Plus , yes.
Pfizer, Inc (Wave analysis) - DailyPfizer, Inc (Wave analysis) - Daily
As shown in the chart, we are in downtrend wave 5 from A or 1
Regards.
Time to get out or.. to get in?The price reaches the bottom of the symmetrical compression triangle in which it has been moving for weeks.
A break downward brings the price back to the lows for a retest, while a possible (and I would say probable) rebound brings it back to the upper edge to attempt a breakout.
PFE looking higher with +10% profit potential PFE has finished strong correction and is finding a bottom near $25.
I anticipate that within the next three months, the stock, which I purchased at $26.5, will reach $30.
Blue line entry
Red stop
Green lines are target.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
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