This one may surprise the market in 2017. Short Squeeze setup. Established uptrend
After the last high, price dropped like a stone in the water. The last move signifies looks to me like the last puke, to scare the crowd out of the position. If you think - a market specialist has all the money he needs to manage the market to the big players favor. But there is one thing that makes me ummmmm..... ...watch the last huge bar in the orange part....
Good setup, I hope for a pull back, I'll update later if no pull backs.
Pifzer is a nice looking stock to go long with all reasons saying to go long as ther eis bullish divergence + strong fundamentals as well as institutional buyers sitting at bottom to buy pifzer.
Main signals: 1-breakout of local inclined support 2-flag-channel Sell 34.65 (flag's bottom line breakout) Stop-loss 35.39 (+1 tic flag's high price) Target 32.50 (sizing+strong support) R/R ratio 1:3
Bull Flag continuation. GS and CNBC speculation today of $ARIA BO by $PFE
On this trade i am not expecting much as this is a trend continuation trade could see some volume but i like to trade reversals more than this Waiting for breakout to short this trade with take profits @ Flag Notice:For this trade only put less amount of money that u normally put on all trades
PFIZER is in an uptrend on daily but with a big bearish divergence on 4h. I'm expecting a deeper correction before a possible strong wave up. The breakout of long term rising trendline invalidates this setup.
PFE is set to drop to at least sub-30s prior to earnings. This 10.14% drop off its recent high around 32.94 on April 6th will be a great short opportunity. Looking for 85% movement on put positions for this change.
We have a retest of a pretty important level at 29.31. The price will probably bounce off this level giving us an opportunity to buy.
Opportunity to sell, let's check with a mid SL.
Forming Descending Wedge w/ Hidden Bullish Divergence in MFI
Pfizer is doing pretty well on long term perspective Price has tested and held the 10-year trend, by falling to 10-year uptrend border (at 30.5) during August selloff, then bouncing back up from it Price is also currently restoring its 5-year trend, however it is yet to trade above the 5 -year uptrend border at 33 Nothing stops the price from trending upwards -...
A good retest of old resistance, new support. Nice candle on the hourly.
from technical point of view pfe is in a down heading pitchfork arriving to the median line (which is also multy pivot line) the second time is not a good sign but there might be a temporary support in this area not recommended for long of course but for short with destination around 27 $ based on closing beneath the median line