Here I am again with another trade. Pfizer is one of the many stocks I have been following for quite a time waiting for a good setup and I think now it's the time to go long,
Bullish RSI divergence, probable double bottom on a long time strong support area. We know this company has received a lot of heat because of covid, but Pfizer is a strong player in the healthcare industry so I hope it will rise again after all this tech AI mania goes over.
I'm buying PFE for a swing trade, let's see how it goes in a few months.
Trade active
⋅
Bought More shares earlier this week a little below $26.
Stock Is facing a lot of selling pressure, but we can see there's also a lot of strong buyers defending the levels.
So I believe it's a matter of Time AND hopefully some good news for the stock price to squeeze higher.