$PFE along with $LLY came out swinging today after $HIMS, they have both made it available to sell drugs through their own new online platform, a direct to consumer website, this information has not moved the dial for $PFE but it did put $HIMS under some pressure.
$PFE is still holding above its 0.618 Fib and 50 Day MA and if I am being honest, it looks like it is ready to move in higher shortly
My impulse wave has not changed and if there is weakness in the general market in Sept, $PFE may benefit from this as it is in the health sector and considered at times to be a safe haven
Their 5.8% dividend may also attract safe haven hunters here too.
slappindabass
2024-08-29 22:45:06 +0000 UTC