To continue from my previous thread from a while back.
PFE did top out at fib confluence area and it appears to be a blow off top that should lead to a higher degree correction / collapse.
Will see how it reacts to the 50WMA and lower channel trendline but I am expecting it to at hit the 200WMA at least and I think it may well get as low as $22
Not advice.
PFE did top out at fib confluence area and it appears to be a blow off top that should lead to a higher degree correction / collapse.
Will see how it reacts to the 50WMA and lower channel trendline but I am expecting it to at hit the 200WMA at least and I think it may well get as low as $22
Not advice.
Note
PFE accelerating to the downstone and rejecting from the 200DMA with a wick - currently a gravestone doji showing heavy short pressure coming in. I'll just hold this short as others and come back in a few months i think- looks like much more downside to come even if it bounces.Note
Took a while but heading into the real bear market now.
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.