Pfizer (PFE) experienced a significant surge when they became the first to develop a vaccine against the virus whose name should not be spoken. Afterward, investors took profits, leading to a decline in the stock's chart.
Currently, the price has reached the lower band of the parallel channel, suggesting that sellers might switch to buyers.
Regarding the indicators:
- The 3 Line Indicator shows a reversal, with all three lines forming a triple bottom. The red line (short trend) is already moving higher.
- The RSI is breaking out of a channel and pointing straight to the upside, with a bullish divergence in the lower timeframes.
- A rare green bullish signal has appeared on the chart, indicating a pivotal moment.
This could be the bottom of a long downtrend for Pfizer. I look forward to seeing more developments.
#Pfizer
Currently, the price has reached the lower band of the parallel channel, suggesting that sellers might switch to buyers.
Regarding the indicators:
- The 3 Line Indicator shows a reversal, with all three lines forming a triple bottom. The red line (short trend) is already moving higher.
- The RSI is breaking out of a channel and pointing straight to the upside, with a bullish divergence in the lower timeframes.
- A rare green bullish signal has appeared on the chart, indicating a pivotal moment.
This could be the bottom of a long downtrend for Pfizer. I look forward to seeing more developments.
#Pfizer
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.