Looks like my prior trade idea was one day too early. There seems to still be some Bullish volume though not a crazy amount. The price is real close to the 100 and 200 Moving Averages so I'm looking for a bit of a bounce at those key levels.
Looking to get in at the 9 EMA bounce or Trigger price. If VWAP hasn't crossed the 9 EMA (1 Minute Chart) I'll raise my stop. Otherwise I'll take my profits.
Looking to get in at the trigger price. If in the 1 minute chart VWAP hasn't crossed 9 EMA once price reaches target then I'll increase my stop. Otherwise I'll take in my profits.
Get in at the trigger price, 9 EMA bounce or VWAP bounce. Once target price is reached, if VWAP hasn't crossed the 9 EMA I'll raise my stop without exiting. I'll be quick to take my profits once VWAP starts moving inwards towards the 9 EMA.
I'm looking for PFE price to break above $33.66.
I'm not sure how much above that price it will go.
However, when it eventually pulls back I'll be looking for the bounce off the 9 MA.
If it breaks down or goes below the 9 MA then I'd look for the bounce off the 50 MA.
If it does not bounce off either MA then I won't get in.
