PFE seems going for a small degree correction. Look to the price action around the 48$ level. A rejection on that level can be the starting point for an impulsive wave down.
Pfizer is one of my favs, its also a longer term investment.
So this is my first post, and it is a bit of a meme post, but it migth hold some credence. If you look at the double bottom section on stockcharts.com ( stockcharts.com ), the second example they give you shows a double bottom example of Pfizer in early 2000. I made the comparison between BTC/USD and Pfizer/USD on the daily during that time period and I see some...
Pfizer, probably the only pharma company in India that is going to make a new high. The pharma sector in India is in a bear territory for the last couple of years. Having found a stock in this sector that is yet to make a top is like finding light in the dark. It's good news for those who have significant exposure in this sector. It's not going to do much for them...
Idea: Expecting a short term sell off to 32.50 based entirely on technicals. Cons: Upside strength and retest of 33.97 is a possibility. DISCLAIMER: This is where I practice ideas and work on my trading techniques. This is not investment advice. Please note I am only providing my own trading information for insight to my trading techniques, you should do your...
We can see an ascending channel in a 4h chart.
Tried to break 33.77 resistance zone 3 times and failed each time. This zone also falls in line with the fib retracement zone. Finally, the closing candle was an indecision candle and supports the idea of a sell at this level. Targets would be the bottom of the range that it is currently trading in (31.00) or 32 where we see consistent indecision.
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive Break Downs (Dow Jones Index incl. all shares) drive.google.com Best regards :) Aaron
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....
A trend change in Jan 17 is expected, pay close attention to events ahead. We have seen a 7 year rally since 2009, after penetrating the November 21st low the momentum is bearish. This is a warning to pay close detail to weak upward momentum. To date we have exceeded last years 3522 high, in order to maintain this upside we need to close above last years high...
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
ProShares UltraShort Nasdaq Biotechnology ETF BIS has already build up its base line or support you can say. It is the only stock (ZBIO, LABD) where the price line has clearly shows the support over the last one year period of time from July 2015 till Aug 2016. Slowly but gradually it's going NORTH. Time to buy for long time holders. www.zacks.com
As soon as the red solid channel breaks. it's time to party. www.zacks.com
It's a buy those who doesn't like to go short IBB www.zacks.com
GO HSORT GUYS WITH LEAP OPTIONS OF NEEDED. PFIZER TOPPED OUT. buy the rumor sell the news " Pfizer to Buy Medivation for $14 Billion" The bigger the buy the greater the fall. www.wsj.com PFIZER is trying her last bet to survive but eventually will fall. wish Pfizer CEO and all the board directors can see it for them to look for new job or polish up resume or...
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