If you look at my previous idea on PFE you'll see that I said pre would hit 60$ if it broke out and we did visit 60$ before pulling back to retest the breakout.
We close on 2 strong supports.. yellow lines ( channel) purpleline (Support).
Now tomorrow we have 2 paths, if we bounce our next leg up would be to 67$ or channel top.
If we break support that would be bad, and I think we'd immediately close the gap left behind at 52.85
MACD- bearish
RSI - Bearish
ALSO worth noting is our 21ema aligns with our purple support which adds more strength.
Let's see what happens
We close on 2 strong supports.. yellow lines ( channel) purpleline (Support).
Now tomorrow we have 2 paths, if we bounce our next leg up would be to 67$ or channel top.
If we break support that would be bad, and I think we'd immediately close the gap left behind at 52.85
MACD- bearish
RSI - Bearish
ALSO worth noting is our 21ema aligns with our purple support which adds more strength.
Let's see what happens
Note
Has some really strong support (10yr resistance turn support) at 52.50.. If It bounces there cover your shorts and or go long
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.