PaperBozz

$PFE - could be bottoming

Long
NYSE:PFE   Pfizer
PFE #Pfizer could be forming a bottom as it shows bullish divergences on MACD and RSI. The William's Percentage Range has exited the oversold zone.

Closing above $37 would indicate a bullish trend, while breaking below $34 would suggest a bearish scenario.

Potential targets - $37, $38, $40, and $42
Downside risk - $34.

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.