50+ is closeby. PFE valuation was recalculated and corrected itself after all institutions accumulated it by dragging PPS to 34. Even if it requires a backtest to 43, it might be too fast and quick bounce back heading into 50s. Simple fibonacci targets are 50+.Longby simbha0
The Story of Pfizer: The Big Swing - A 22% WinnerOffshore equities is the name of the game. Let me say that again: OFFSHORE EQUITIES IS THE NAME OF THE GAME. Despite the US being expensive from a valuation perspective, there are always an TRADING opportunities for clients to make money. From small to mid, to large to mega-cap. Across sectors and industries as well as thematic opportunities, where momentum can run for days and weeks on end. For the week starting 05 July, we included Pfizer in our report, with the following comment: "What’s Happening In Healthcare? Pfizer (PFE, 39.73) - In April we discussed the healthcare sector, where we noted some attractive medium term setups. Have a look at a PFE where we note a low volume consolidation while the price trades below a 32-month downward trend. Figures in USD." Over the next for weeks the stock broke to the upside to take a momentum run not seen in a while. As at this week's peak, the name was higher by 22% over the 5-week period. Well done to all who managed to catch this!!! What's next? Where is the next big swing? Which sector? Which theme? Is your broker helping you find these opportunities, or is he leaving you scratching your head while he collects his monthly fees? As a researcher/analyst, it's my goal to find opportunities that make a difference to client accounts, helping them benefit from market moves and guiding them via my lens and perspective of markets. If you would like to gain real-time access to these opportunities, get in touch with me today. by LD_Perspectives0
PFIZER INC.:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG🔔Earlier this month, Pfizer announced promising first-line results from a Phase 2b/3 trial testing the JAK inhibitor ritecitinib for the treatment of alopecia(baldness), suggesting that the drug could finally be approved to treat this autoimmune disease that causes hair loss. But as Jeff Little noted, "The FDA has recently been paying increased attention to the potential side effects of JAK inhibitors, which belong to a family of drugs called DMARDs (disease-modifying anti-rheumatic drugs)." Let's look at the results of the study, what the FDA's concerns mean for this drug and others like it, and whether pharmaceutical giant Pfizer has a chance to make a name for itself in the growing global market for alopecia medications. Pfizer's phase 2b/3 study of the drug ritlecitinib examined the drug's effect on alopecia treatment in a randomized clinical trial involving 719 patients. These patients were 12 years of age or older, had 50% or more scalp hair loss (as measured by the Severity of Alopecia Tool scale, or SALT), and had experienced a current episode lasting six months to 10 years. Pfizer remarked that a clinically meaningful proportion of patients who received 30 mg or 50 mg of ritlecitinib daily achieved less than 20% head hair loss on the SALT scale after 24 weeks of treatment opposed to placebo, consistent with the study's primary efficacy endpoint of improved head hair regrowth. According to Pfizer, the scientific basis for ritlecitinib is that the drug stops the body's immune system from attacking hair follicles, which is thought to contribute to hair loss in patients with alopecia. Despite the study's encouraging results, it's worth noting that ritlecitinib's path to FDA approval for the alopecia indication (or for vitiligo, rheumatoid arthritis, Crohn's disease, and ulcerative colitis, for that matter) will be even more thorough than usual because of its special class of drugs. Ritlecitinib belongs to the class of Janus kinase inhibitors, or JAK inhibitors, which have been under scrutiny by the FDA lately. As per Fierce Pharma, a post-marketing study of Pfizer's JAK-inhibitor Xeljanz revealed serious heart and cancer side effects when the study results were published at the beginning of the year. This urged the FDA to delay the potential approval of the JAK inhibitor back in February while the agency investigates further. Xeljanz was first approved by the FDA in 2012 to treat rheumatoid arthritis, or RA, an autoimmune disease that can cause joint pain and damage throughout the body. The drug was also approved by the FDA in 2017 to treat psoriatic arthritis and in 2018 to treat ulcerative colitis. Although no serious adverse cardiac events or deaths were reported in Pfizer's study of ritlecitinib, it is in this class of drugs. As a result, its future remains very uncertain. If the JAK inhibitor class ultimately withstands increased regulatory scrutiny and the efficacy of ritlecitinib safely treating alopecia persists, the drug could provide a reliable revenue stream for Pfizer. To support this thesis, let's take a look at the global alopecia market and its growth forecast. Pointing to the "increasing prevalence of hair loss" as well as "technological advances in alopecia treatment," Grand View Research believes that the total global alopecia market will grow at an annual rate of 8.1% from $7.6 billion in 2020 to $14.2 billion by 2028. If the alopecia market stays at 35.2% of the total global alopecia market as it was in 2020, Pfizer's total addressable market in this area will be $5 billion by 2028. Given that Pfizer will likely face competition from Concert Pharmaceuticals' JAK inhibitor CTP-543 (first Phase 3 results not expected until 2022) and Eli Lilly and Incyte's JAK inhibitor baricitinib (currently awaiting FDA decision) when it enters the alopecia market, a fragmented market share of 15% is realistic. This would result in $750 million in annual revenue associated with the alopecia drug indications by 2028, which is about 1% of Pfizer's projected 2021 revenue of $78-80 billion. As questions arise about whether JAK inhibitors such as ritlecitinib will be able to gain regulatory approval in the future, it is worth noting that Pfizer does not significantly necessitate that approval to boost earnings in the coming years. In addition to the BNT162b2 COVID-19 vaccine, developed with German company BioNTech, Pfizer also expects to be able to apply for approval in the fourth quarter of this year for the emergency use of the oral antiviral drug COVID-19, known as PF-07321332. Keith Speights thinks this could be a real blockbuster given the huge addressable market, especially since Pfizer won't have to share the profits from oral therapy as it does with BioNTech in the case of BNT162b2. In addition to COVID-19, Pfizer's oncology biosimilars (Ruxience, Zirabev, and Retacrit) tripled their combined sales from $107 million in the second quarter of 2020 to $352 million in the second quarter of 2021, another good catalyst for growth going forward. Nearly half of Pfizer's projected sales this year will come from the $33.5 billion the company expects from its BNT162b2 COVID-19 vaccine (after splitting revenue with a partner, BioNTech). This is based on the 2.1 billion doses the company estimates will be delivered this year. Given sales of the breast cancer drug Ibrance ($1.4 billion through Q2 2021) and the anticoagulant Eliquis ($1.5 billion through Q2 2021), we can assume that these two drugs will also bring in about $3 billion each.Longby FOREXN1668
Potential Cup and handle breakoutMajor Cup and Handle potentially breaking out since 1999. Dont usually play vaccine stocks, but with the recent volume in trades, covid delta variant, and the FDA approval expecting to come early September, we like this stock.Longby Mosefph2
Pfizer 2M Cup & Handle chart patternPfizer 2M Cup & Handle chart pattern Entry offers an astonishing risk reward ratio up to 20.55 ### NOT FINANCIAL ADVICE###Longby JoEUpdated 110
PFE overbought Made a ATH today but Bumped its head on weekly resistance at 48.57 its overbought on all oscillators. With delta spreading there's a chance this could disregard technicals and keep rolling. Stoploss at 49$. 1stTp 46$ 2tp 43$ TP are fibonacci supports on dailyShortby ContraryTrader2
PFE predictionPFE seems to be overbought soon, enter short. Target I estimate is first $46 than $45, but the secodn target needs to be checked later again. Shortby TradeandGrow3
bullish trend is not giving up yet it looks like this up trend is not going to be giving up on the oncoming week but still trade safe every one by josef1996115
PFE- ABC Correction PFE on its way to $50. Must complete this cycle to move on its next leg up. I believe Wave C will come to down to the $43-$44 area before its way to $50. There is speculation on FDA approval early September. Calls are still cheap for the potential upside it may have on approval. I would look into the Oct exp.Longby DarthTrador10104
$PFE only 2 points awayPFE is only 2 points away from the ATHs it made in '99s. this company only has a $250B valuation Longby Kowalski_Trader3
Ok. Pfizer is going NUTS! 🚀🚀🚀Nothing is more profitable than fear. I think Pfizer profits have doubled by Q2 and it's getting even crazier, way crazier. The whole west is throwing money at them with government and most urbanites in total fear. They don't even care how much it costs. Destroy a country? Lose 10% of GDP? They don't care, just name your price. Take AMZN for example. Went vertical, retested ATH, then to the moon. In the short term (2-3 months or even less) it can be really profitable. Who cares if Pfizer gets destroyed by crowds after we made our money? It won't happen overnight (probably). Here it's different from Amazon there is no reason for the company to trend for years (for now). It's really short term with the hysterical fear pushing profits to incredible levels. Share prices have a tendency to retrace after breaking ATH, once again, profitable in the short term. I'm not stock trader but here it is really juicy. I'm sure there are similar examples? Price just going vertical... 1999 bubble for sure... I am not experienced enough but I assume it always or almost always retests ATH I'm sure it's possible Pfizer just goes vertical, the noob bagholding investors as always will want to greedily snatch their profits the moment they see some green and cause a pullback but euphoria could absorb the selling. Something like that.... Consolidation... And again... Got to check my favorite example Moderna for 2 years has simply been in a beautiful trend, a work of art. And it is up more than 1000% since 2020. Some to compare moderna to: Other cool trends Longby MrRenevUpdated 4417
$PFE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PFE after a Negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.Longby EPSMomentum0
a study of socialized medicine the American president offered his people 100USD/immunization trial participationby pitachio7712330
a discovery of socialized medicineare you vaccinated? the president of the untied states has offered his people 100$ to take part in an immunization trial by pitachio77120
Pfizer Announces Positive Top-Line Results from Phase 2b/3 TrialPFE: Pfizer Inc. 2021-08-04 06:45:00 Pfizer Announces Positive Top-Line Results from Phase 2b/3 Trial of Ritlecitinib in Alopecia AreataLongby RocketTickers110
PFE - breaking outLooking at volume and strong price move after the last earnings I suppose that Pfizer is finally breaking out from the long consolidation. The last time we saw the price at this level, was in 2019 50-60 range is the nearest targetLongby AnaBloemkool441
PFE (PFIZER) At A crucial Breakout LevelTraders, PFE (PFIZER) has risen to the a crucial level. Watch out for the move down. However a breakout above from this level can take this to 49/50 price and even higher. Rules: 1. Never trade too much 2. Never trade without a confirmation 3. Never rely on signals, do your own analysis and research too ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________by vikinsa3313
Breakout Two Decades In The Making?Just been looking at this chart more and more lately. Seems like PFE wants higher into the 50's-60's. It's certainly been trading sideways long enough. Also, doesn't seem like MRNA should be trading at 60% of PFE's market cap. Potential for an interesting long short trade here. Cheers!Longby PropNotes3315
Pfizer Getting Stronger by DayHi TV Community! I just got settled into my new place and wanted to do a quick ta on pfizer. This stock has been experiencing large call option buying recently and the price action supports this bullish context. We are breaking above important areas with ease and my target resistance level would be the upper yellow trendline. As we continue to see devastating coronavirus cases and mutations, this company is positioned well.Longby jakelikesstocks444
PFE trend reversalIf there will be a trend reversal then this is my price level and timing forecast.Shortby skasparov770
PFIZER - Huge Cup and Handle formation - Stock is about to fly!We have witnessed a huge C&H formation over 20 years with the Pfizer stock. The pattern is nearing completion with the handle. After that, we can expect at least a profit target nearing $75 over the medium term. This is a buy and hold stock!Longby algodynamix115
Trading Idea PFE (20/7/2021) Trading Idea PFIZER - PFE (20/7/2021) Potential upward with positive momentum towards next resistance. Disclaimer: This trading idea is strictly intended for educational purposes only so please do your own analysis before making any investment decision.Longby IrAizatZeinuddinUpdated 0