Pharma seeing some renewed interest on Monkeypox fear mongering Close to trendline. Long with SL 4070
#PFIZER Results to be announced today (20-05) stock closed with Bullish Engulfing though the volumes are not that much as compared. if opens negative then TG : 4180 (Support). If opens positive then TG : 4500 (Resistance). Trade with the trend.
#PFIZER Interesting chart. after the downtrend, the tock in the accumulation phase. Support 4170-80 is holding many times. Company is going to report the result on 20th May. Resistance @ 4500-40. Low risk kind of trade if entered near support.
There is RSI divergence in Pfizer. Again . . .! This can take it to the top of channel. For good RR one can consider buy on dips...
Pfizer Long position Take profit:4810$ Stop loss: 4287$
The medium-term picture looks reasonable, and we have good DC support $ 4,330 area. The stochastic is positive, and there is plenty of room on upside. Startegy is BUY current $ 4,500-4,550 and place stop-loss below $ 4,320 for now. The profit objective think maybe 4,995 for now, or $ 5,100 even.
Pfizer seems buy for 5000 taking support on median line of pitchfork
1. Confluence of 200 and 100 EMA 2. Volume profile since last 1 year is at the current levels 3. Recent huge volumes indicates the target is open 4. Check the targets and go for Long term target .
Position call PFIZER By above 4940 Target,5090,5128,5177,5242 Stop loss 4884
For study purpose only Due to the new variant of corona Pharma sector can rally
Trading at very imp weekly trendline support , best buy 4950-5000 , intraday tgt 5100-5150 / positional 5250-5300
Pfizer decline may be overdone, and we are below the regression channel support. If we view the RSI lows in the past (see red arrow), and you compare this to current, it might be a buy opportunity. DARK MOON phase also indicates we may see a move upwards once again. Buy current with stop-loss 5% of share price, and take profit when a profit objective of 10% is...
DEMAND ZONE +FIB at 0.618 +RSI recovering from Oversold Sold ZONE
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near swing high.
tgts ... SL ... Support levels as given on the chart. This is for Educational purposes only. Please consult your Financial advisor before investing.