Pfizer, Inc.
Short
Updated

PFE - Potential Major Top

862
My work shows PFE could be forming a major top in this area.

Long tailed dragonfly with a big gaping gap currently.

Target $23 area.

Not advice.
Note
Also an interesting window: PFE/SPX

Solid trend channel and hidden bearish divergence oversold RSI.

snapshot
Note
Fakeout through 200Wma*
Note
Looking ready to tank.

snapshot
Note
Evening hanging man so to speak. This chart likes 3 candle tops on the W chart.

snapshot
Note
Blow off top lol. Thats always the risk you take as a short. I'm holding. Will review if it gets to $62 but this should have a severe correction.
Note
Its a risky hold here but this chart is full of bearish divergences. It will probably overshoot passed fibs. I reduced my potions, will add upon overshoot.

snapshot
Note
This will fall I think, but going into a topping pattern and i've gone to sleep with alarms on - still in trade. Nothing has changed.
Note
This worked well.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.