PFE – May 01, 2024

PFE in the support zone to expect a bounce. For now, target 38-40. Out if we break below 20.

health workers wearing face mask

Last post on PFE: https://bartscharts.com/2023/11/15/pfe-november-15-2023/

PFE -in the support zone.

While I do not like to discuss the stock due to its obvious political overtones, in the end, it’s just numbers.

The numbers representing Pfizer appear to be in the targeted zone for support. I would stop out below 20.

Due to the nature of the 5 wave move UP into the 60’s target, I would e3xpect this “bounce” to fade out in/around 38-40 for now. Why?

That’s the size of the last major bounce …

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

Leave a Reply

Discover more from Bart's Charts

Subscribe now to keep reading and get access to the full archive.

Continue reading