PFE had a nice reversal this week, putting in a nice hammer candle on the weekly, bouncing nicely off of the 2001 ATH.
For those with a high tolerance, I'd buy @ $47.50 with stop @ 10% lower. Another run at the all time high will bring us back to $62, or a gain of 30%. A low risk trade with a 3:1 reward if you use the price levels on the chart. Those with a lower risk tolerance would wait for confirmation with next week's weekly close.
On top of that - we should not forget that they have a product likely to be in high demand for some time - which is of course COVID vaccines - probably the only thing better than erectile dysfunction pills.
For those of you old enough to remember, Viagra was the drug that sent them to their 2001 ATH.
Find me a better product than COVID vaccines for a company to sell - the only thing better than penis pills or cigarettes !
PG
For those with a high tolerance, I'd buy @ $47.50 with stop @ 10% lower. Another run at the all time high will bring us back to $62, or a gain of 30%. A low risk trade with a 3:1 reward if you use the price levels on the chart. Those with a lower risk tolerance would wait for confirmation with next week's weekly close.
On top of that - we should not forget that they have a product likely to be in high demand for some time - which is of course COVID vaccines - probably the only thing better than erectile dysfunction pills.
For those of you old enough to remember, Viagra was the drug that sent them to their 2001 ATH.
Find me a better product than COVID vaccines for a company to sell - the only thing better than penis pills or cigarettes !
PG
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.
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.