Awaiting completion of a what looks to be a very nice inverse head and shoulders for
PFE.
Notes:
Bullish TA outlook -
PFE broke out of a long-term head and shoulders recently, which is clearly visible on the weekly chart
Buy Rating - 10 analysts cover
PFE. 5 Buy recommendations and 5 Hold recommendations. This has improve gradually over the past 3 months
Analyst Price Target - Average $48.50 with a high of $55 and a low of $45
Trade:
Buy - Strong breakout above $43.75
Stop Loss - Personally I would do any close under the 200 day MA but you could go as low as $40.33
Stop - Based on the size of the IH&S ($39.50 low to $43.75 neckline), TA theory indicates the stock should head to roughly $48, which just so happens to be right around all time highs (coincidence??)
Notes:
Bullish TA outlook -
Buy Rating - 10 analysts cover
Analyst Price Target - Average $48.50 with a high of $55 and a low of $45
Trade:
Buy - Strong breakout above $43.75
Stop Loss - Personally I would do any close under the 200 day MA but you could go as low as $40.33
Stop - Based on the size of the IH&S ($39.50 low to $43.75 neckline), TA theory indicates the stock should head to roughly $48, which just so happens to be right around all time highs (coincidence??)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.