PFE is currently set to break 38.5 and possibly go to 39.5. It is also getting squeezed in by the parabolic support and linear resistance. If it is able to break this line of resistance and 200 day, we can see a launch into $40+. I believe the short term long play is a safer bet, however we may see the $40 price starting early-mid December.
Comment:
The target range was reached, but we can still see the price action moving sideways, it still has room to go up and we may see a break in the upside.