$PFE, along with $PYPL and $SOFI have all released this morning and they have all beaten on both lines of their reports, happy to see as they are three popular stocks in our group.
Ok what is the chart telling us:
First of all, we have a Golden Cross now
Wave 2 in July held on the 0.618 Fib, beautiful and standard.
Impulse wave was then added and following our Wave 3 now
Bounce since Wave 2 has been in am impulse manner and I can see 5 small subwaves now
Pre-market also brings the bounce to the 2.618 Fib so we may see a little pull back shortly, so I have added the green Fib levels, look at how the 0.618 aligns with the 50 and 200 Day MA right now.
A pull back to the green Fibs and you have your Buy Signal and I will buy too.
Dividend 5.5%
That's it, we'll keep it simple, risk is now off, and we will buy on the pull back and hold for long term.