Here's not much on the chart.
But what you see is evident.
The pitchforks median line is respected by price many times. And this time it's the same.
But there's a reason why this time price could flush down to the L-MLH. Indexes are weaker and weaker.
The first profit target for me is either the L-MLH, or the A/R (yellow) line. The Action/Reaction line is...
After 9 consecutive weeks of higher lows, NYSE:PFE has broken down.
The chart has been streaky all year: Slow but steady marches downward from January to March, then July to October.
Honestly just looks like it's overdue for a fall, maybe hitting 38 by mid-March 2023.
Pfizer's W-4 bottomed right in our "Buy Zone" and has bounced 10% since. I expect Pfizer to continue to climb up to the $58-60 level over the coming 2 weeks or so. After that, Pfizer will pull back for it's larger degree W-2, which should bring price back to about the $50 level. We will have more clarity on pullback targets once W-5 tops, most likely in our...
Pfizer is still working on its 5-wave move off the low. Over the next few days it should finish up this W-4 which would take price to the 50-52 region at least. After that, I expect Pfizer should complete its 5-wave move with a push up to about the 58-60 level. However, after that it should return to approximately current levels again, so there will be plenty of...
Pfizer - Short Term - We look to Sell at 49.33 (stop at 51.54)
The trend of lower highs is located at 53.50. Previous support located at 50.00. A move through bespoke support at 50.00 and we look for extended losses. Closed below the 20-day EMA. The medium term bias remains bearish.
Our profit targets will be 43.51 and 41.00
Resistance: 54.00 / 57.00 /...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Targeting 41$ .. Falling along with MRNA as vaccines should have less effect on peoples lives going forward.
MRNA chart will be posted next and that one should move down further than a company like Pfizer. Pfizer has a future, Moderna really does not.
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS...
SNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, PFE recently came out with news that they are working towards a Covid19 vaccine by October. They were already on a mostly bullish run until recently. That being said, the chart patterns were already indicating positive. The...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, the market today and tomorrow doesn't look so bright given the DOW drop and the expected negative Federal Reserve announcement coming tomorrow. That being said, it is best likely to trade late Thursday or early Friday in my...
