close to breakout of resistance , EMA's positive and CMF too
but the real reason that i publish this graph is due to optionmonster.com that identified yesterday a bullish position
on this stock which involve buying 3600 call spreads and selling 3600 puts to finance the spread buying
i cannot add a graph of the postion but thr breakeven point is around 58.6 if...
there are 2 dimensions supporting long position on the stock
1. from fundmental point of view the company have high piotrosli f-score of 8.39 (9 is max) and and 2+% dividend
which is sort of safety cusion
2. from technical point of view the company broke up a triangle with a big than usual volume and a high
green candle + the short term EMAs crossed...
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