PFE in the support zone to expect a bounce. For now, target 38-40. Out if we break below 20.
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 …
Are we being punked …?
Think about it … this is NOT a political statement.
If you have received EVERY booster GREAT. That is your CHOICE.
If you have not taken any COVID vaccine then GREAT. That is your CHOICE. (kind of)
So, in the midst of the calamity that was 2007-2009 the market (S&P 500) stopped at 666. OMG the number of the beast, the OMEN, the blah blah. But, no doubt a pretty “big” number in regards to humanity and our condition existing in this 3D holographic GAME. But, even more crazy, is the relationship of geometry and the fact that, the ATH was a projection using the Euler number. Something embedded in the Vitruvian Man by Da Vinci thanks to your work Mr. Robert Edward Grant.
What’s funny is I had used the Euler number projections before Mr. Grant explained the unbelievable importance of this number to me … but, wow, w/ everything he is uncovering and discovering w/ regards to THE language of geometry and numbers, this is pretty darn amazing.
Additionally, in the chart below, where did the CRAZY correction that occurred during COVID go down to? Well, of course the “neutral” or “equality” point or, perhaps the balancing point between the male and female energies? The “geometry” or “measured move” of the price move AB=CD is where the correction went …
Seriously folks … the bread crumbs are EVERYWHERE.
Anyone ever look at the ATH in the LOONIE vs USD? High was 1.618
So, now, I think anyone who had a pulse during the past couple years would say that Pfizer (PFE) has played a MAJOR role in the COVID-19 “experience.”
Again, THIS IS NEUTRALITY FOLKS – your consciousness experience determines if PFE is on the GOOD or the OTHER scale.
All, I’m saying is the game – ONCE AGAIN – reveals itself. PFE topped at a PERFECT pattern completing … at 61.8
or … .618.
FOR THOSE WITH EYES TO SEE.
Good weekend to all …
Last post on PFE: https://bartscharts.com/2021/08/04/pfe/
As shown above, the market took PFE up to the monthly ABCD and since then it’s been straight down for PFE.
That being said, looks like some pretty strong support for PFE in/around the 34-36 level.
If / when we lose that level, it appears the next “real” support is 21-23 zone.
PFE is all over the news – not that I care about that BUT the sentiment towards this stock is getting worse … additionally the “big target” was hit up at the monthly level so this stock “should” have a major top in place. (of course, should is the operative word)
down on the 60 minute chart am waiting for a SELL PATTERN to appear but for now, its no mans land.
not sure I’ll be looking to be LONG PFE until another big leg down occurs.
Look to short for now … on my watch list.
49-50 seems reasonable for a short attempt – would like to get a projection up there but can see this offering strong resistance – for now.
August 04, 2021
above is one of my first forays into Harmonic Pattern Recognition … it’s PFE way way down in the low teens. believe I was looking for 13-14 as the low. anyway, when looking at PFE today it reminded me of that chart …
anyway, based on this vaccine stuff and a boat load of cash, looks like PFE is off to the races. some nice resistance above on the weekly and then a “final” target at a double AB=CD and 1.27 extension. that should stop it or at least provide some stiff resistance.
all probability folks …
