$PFE - WATCHLIST -
Added 2024-06-17 15:04:50 +0000 UTC$PFE has pulled back to the sweet spot now, between the 0.5 Fib and the 0.618 Fib, I said before that I would be reluctant to add the impulse wave here until after the price holds above the 200 Day MA.....but a hold above the $26.95 level would be a very good start.
I like $PFE as it is the leader in this sector and has a 6.1% dividend payment, also has a FWD PE of 9.
So buying here around its 10 year low is a good position for me.
Comments
Will wait for your alert Caps, because I already have a position in PFE @29, but will you not be looking for a bounce back and confirming a pattern reversal before entering, because in theory the price action is bearish though it is showing a potential for reversal.
RM
2024-06-17 15:21:29 +0000 UTC
