$PFE has now formed a wedge now since holding support on the 0.5 Fib and the 50 Day MA and the wedge is getting tight.
The important resistance level to break out of remains the 200 Day MA, which has been a stubborn resistance for the last number of years.
$29 is the level that needs to be broken above and held, if $PFE bulls can do this, we have a reversal on our hands.
Dividend remains at 6% regardless.