SamSuka
The Long Investor
The Long Investor

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$PFE

$PFE has now given us a pull back after rejecting at the 200 Day MA a number of times now.

Price has already pulled back to the 0.5 Fib too, where the 50 Day MA was waiting and found support, we need to see more price action to determine whether this pull back is now complete and we can add in an impulse wave next.

I will not be adding any impulse wave for $PFE until we are certain the reversal is on, $PFE has been the master of fake break outs over the last 2 years so I am in no rush to jump in here.

I will want to see a hold above the 200 Day MA before confirming the reversal is on.

$PFE

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