The Long Investor

$PFE - WATCHLIST -

Added 2024-07-23 16:27:43 +0000 UTC

You can probably tell from my recent comments that I am getting very bullish on $PFE, it has been a slippery company and chart in the past so I have been reluctant to get back in here but it is becoming increasingly obvious that I can not ignore the elephant in the room for much longer, as there is value on the table here.

Pulled back to the 0.38 Fib at $29.30 today exactly and holding well and can move higher from this position.

We can also see that the 50 Day MA is about to cross through the 200 Day MA now for a golden cross, which is a bullish indication, aligning with out impulse count.

If there is an opportunity whereby the 50 and 200 Day MA's are tested here at the 0.618 Fib at $28.50 and it holds, I will add.