PFE trade ideas
Inverse Head and ShouldersDouble Check but is what I see and I do not always see everything (o:
Beware of OLD R (resistance) at 48.06 and 50.04
Inverted H&S pattern: a long entry is entered at break of neckline which is R, with a confirmed uptrend.
Possible stop below 35.4 (3.80)
inverse head & shoulders measurement is based on the distance between the neckline and the bottom of the inverse head
Not a recommendation
$PFE Pfizer on verge of breaking Major Resistance
Major downtrend may finally be on the verge of breaking
Potential trade above $39.00
Indicators reversing
I luv this company, but I'll wait. Know the game or support and resistance.
Only trade above resistance and wait for confirmation! NO FOMO is #1 rule.
Pfizer -Beautiful long set upThis chart has been in a trend for a long time. Recently the downtrend is broken to the upside. In the longer time frames trend has been strong and to the upside. Price is strongly consolidating for past few days.after breaking the downtrend . If price breaks resistance, horizontal line drawn in blue then it's heading north without fail. Fundamental view on Pfizer is also good. Govt money given to them etc. Advance sale contracts are also there. I am looking closely to enter long. Just an opinion.
PFIZER INC LONG📈 NYSE:PFE LONG D1
🛒BUY above = 39.50
🎯Target1 = 40.50
🎯Target2 = 42.20
🛑Stop loss = 37.80
🙈Risk = (1%-2%)
#PFE #PFELONG #BUYPFE
[Watch] PfizerA deflationary outcome where the US falls behind the rest of the world (China) is simply not an option. Therefore, the government is handing out money left and right at the moment, and industry is a clear target of that money, starting with vaccines.
Pfizer Gets $1.95 Billion to Produce Coronavirus Vaccine by Year’s End – 7/22/20
www.nytimes.com
Clearly someone knew and sold the news. But there is a bull flag under resistance now to watch. Over 39 and it can get going. Over 40 and it probably wants to see new all time highs.
That said, the MACD is crossing down so this is not risk free. The general markets are also very overbought, but they can remain so if that is the will of the government.
Day Trading US Stocks - Live example of analysis and tradingSimultaneous trading of multiple stocks in day trading. Open to questions
Bear Flag confirmed on PFEBear Flag confirmed with bull trap. Will look to short on pattern break confirmation.
PFESupport @ 36.50-37 range
Resistance @ 39.50
RSI shows sell signal while price breaks 1.5 SD… good sign
MACD is inconclusive
Stock shows minor sideways movement but could be poise for a strong position if price drops within next week
Esperando para entrarSi rompe las resistencias en la zona 39-40 es una buena oportunidad para entrar si recupera el canal superior alcista.
Esperamos los resultados positivos de la vacuna COVID-19 para salir al alza.
Pfizer great chanceHey everyone,
there is an awesome setup for a short trade. As you can see, there is a double top and 2 divergences which signals a falling stock within the next 2 weeks. Let's wait for a confirmation and then short that stock!
Very much fun with that awesome trade!
Please leave a follow :)
Is This a Cup And Handle Formation on PFE?It looks to be a clear Cup and Handle Formation on the weekly PFE chart. Does anyone also see it forming correctly? Today we would need some good volume and to break above the lip and that could be the confirmation we would need it looks like. Let me know how you feel about this chart. TY
