NYSE:PFE   Pfizer, Inc
I made a personal TA on NYSE:PFE using FIB retracements to define when to buy the current pullback reversal.

PFE is currently in a very clear uptrend an its previous pullbacks "reversed" at aroung 50%-61.8% FIB so i think that this current pullback is going to reverse at around 50%.

Before buying:

  • Check Rsi bounceoff and SMA positionning to form a support
  • Check if EMA's are likely to cross (strong uptrend)
  • Dont wait to buy at exactly 50% fib level, price may reverse earlier and you miss the dip/opportunity, or you miss a lower dip at around 61.8%
  • If price drops further down, may be a sign of a trend reversal !

!! This is not investing advice, you shouldn't (At all) follow my buy setup, this is a personal TA which may differ from yours.


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Comment: If you have any suggestions for a different scenario feel free to comment ↓↓↓


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