another bounce :)perfect bounce off extreme trend support on PFE ! looking for a rally to 53.43-61.43
1PFE trade ideas
$PFE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PFE after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
$PFE Call Sweeps and ER next week hmmmPfizer has ER next week and 5/20 calls sweeping today
Technically it looks like we can get a run up to ER , as PFE is at trendline support and possible "fill out" of the triangle pattern
Any run up will capture some gains, will trim position and leave a few runners for ER.
Sweeps were 55.5 and 57 strike which are pretty far out the money, worth noting. Could just be a traders Lotto on $37K of premium (must be nice haha)
Cheers
PFEDaily Chart
PFE sitting right at trend line support. If it breaks support could see a potential drop to 43 level. If it bounces from the trend line it would head to 52 level. Earnings coming out May3 pre market so that would be a catalyst for the direction.
$PFE - Possible trendline bouncePfizer checked back on the up trendline that started since March 2021 at around $47 area. Moreover, the trendline check back area coincides with the 0.382 fib retracement. The trendline has acted a strong support prior 3 times and could provide support again this time. However, there is a possibility of revisiting $44 before reversal happens.
Target 1 - $53
Target 2 - $55
Target 3 - $61
Risk - Can see $44 first before a reversal.
I started a position and with a plan to double when I see $44.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines show support and resistance areas.
- Fib lines also show support and resistance areas.
- The dotted white lines show the price projection for breakout or breakdown target.
Disclaimer: Not investment advice.
PFE at make or break it area.. >.<If it cannot hold this trend support we dump to 44.04-37.9-31.76, a bounce can send it back to 56 resistance.
considering all its competitors dumped backed to lows... i think its possible we do the same here.
$PFE Key levels, Analysis & TargetsPFE Key levels, Analysis & Targets
Price to down " Wave C "
Target Fibo = 61.8 - 88.7%
$PFE: Big weekly trend setting up...I think $PFE offers a tremendous opportunity here, good setup to enter a position with low risk vs reward potential. Could be a long term position as well, depending on how it evolves.
I'm long 12.07% here, risking a 3 times the daily ATR move against me for a 1% loss if it drops that much. Valuation is attractive and long term charts have a huge setup in $PFE, the big correction as of late seems to be over, and it's ready to go steadily up again.
Best of luck,
Ivan Labrie.
PFE on Elliott wave 3One could have opened positions when price hit 50% down from wave 1, which is part of the Fibonacci Ratio Relationship rule. However, it could have dropped further to 61.8%, 76.4%, or 85.4%, being part of that rule.
So, being firmly on wave 3, being the longest of 1-3-5, I chose to wait for the breakout at price of $51.88. It was really close yesterday.
R H&S pattern PFE R H&H formed , It will be bullish if it breaks the neck line.
Entire health care sector is bullish.
PFE: Sell Zone is 58-60Pfizer's W-4 bottomed right in our "Buy Zone" and has bounced 10% since. I expect Pfizer to continue to climb up to the $58-60 level over the coming 2 weeks or so. After that, Pfizer will pull back for it's larger degree W-2, which should bring price back to about the $50 level. We will have more clarity on pullback targets once W-5 tops, most likely in our "selling zone". The point is, this is not an idea time to start a position. I will be selling covered calls against my shares of Pfizer when we reach the selling zone, and will be looking to add shares for about $50 sometime in Late May/Early June.
Pfizer, Ing. Bull FlagWhat we can see on the chart is a bull flag. We expect the price to breakout of the bull flag in the upcoming days.
We recommend taking a long position when the price breaks out of the bull flag with the high volume.
Targets like in the chart:
take profit: 58.08
final target: 61.42
RSI confirms bullish momentum.
Head and shoulders on PFE WeeklyEssentially confirmed HNS on PFE weekly chart. I expect a collapse in the price following a general stock market drawdown (recent spx death cross, yield curve inversion, fed turning off QE in the near future).
My position is Dec 16 puts, target price is 35-32. The thin blue line is the break even line for the contract (assuming IV stays the same).
Pfizer: Buy Zone is 50-52Pfizer is still working on its 5-wave move off the low. Over the next few days it should finish up this W-4 which would take price to the 50-52 region at least. After that, I expect Pfizer should complete its 5-wave move with a push up to about the 58-60 level. However, after that it should return to approximately current levels again, so there will be plenty of opportunity to accumulate shares over the next couple weeks. I suspect this stock can reach 70-80 range this year.
$PFE Key Levels, Analysis, & Targets $PFE Key Levels, Analysis, & Targets
Swing setup
1 at 47.59
1 at 45.65
2 at 41.06
4 at 38.36
8 at 34.40
(Then multiply by your multiplier (x5, x10, x100, x1000, etc to find your position size)
Looking for 15%, up to 20% if all targets hit…
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
$PFE - Short term impulse in sightPfizer´s from late February looks clearly impulsive, and we could be finishing wave 4 and head for a test of March highs.
The $50-51 area is a strong support, and I expect a reaction from this level to take us to the next level or resistance at $57
A break from $48.02 invalidates this count.
New Covid variant?Pfizer and Moderna are strangely growing up in an age where covid disappears
In the past few years it has happened before a new covid wave
Is a new variant planned for October 2022 ??
I'm kidding :)
Perhaps..
Gurkha Trades Kushthis is dependent on the alopecia which came to highlight on oscar. oscar which was sponsored by $PFE. PFE who is in final stage of the drug.
Insta-Gurkha.Trades
29/3/2022 NYSE (PFE)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $53.38
Target Price: $54.00
Stop Loss: $52.29
Possible long for PFEThe market price has been on a steady incline over the past several years based on the research from the daily and 1 hour time frame. There is also fundamental rationale due to all the chatter of new variants coming out, there may be some increased positive movement for Pfizer.
Entry can be at any point the user decides on
Stop Loss is set to 50.95
Profit Objective is set to 55.63
As always, this is for educational use only and any decision for entry or exit is up to the individual.
$PFESend $PFE to 175 Billion Dollar Market Cap. No more free government money to hold them up anymore. It's not a matter of IF, its a matter of WHEN. COVID IS GONEE RIGHT??? JUST MAGICALLY DISSAPEARED!!!!??? SO WILL THIS STOCK PRICE!!
June 16, 2023 $30 PUTS Loaded up.
Invalidated over $55. Would re-evaluate at that point.
