Hello,
after A-B-C Elliot correction PFE left the downward channel and created a Pennant which seems to be a bullish sign.
Possible breakout to the upside imminent. But beware of the earnings next week. Earnings might invalidate this theory.
But I think thos earning very well could act as positive catalyst too.
TP1: 45$ or +5% @0.382 Fibonacci
TP2: 47$ or +8% @0.5 Fibonacci
This is not financial advice.
after A-B-C Elliot correction PFE left the downward channel and created a Pennant which seems to be a bullish sign.
Possible breakout to the upside imminent. But beware of the earnings next week. Earnings might invalidate this theory.
But I think thos earning very well could act as positive catalyst too.
TP1: 45$ or +5% @0.382 Fibonacci
TP2: 47$ or +8% @0.5 Fibonacci
This is not financial advice.
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.