$PFE - WATCHLIST -
Added 2024-06-04 22:48:25 +0000 UTC$PFE continues to be on our watchlist and the first pull back since testing the 200 Day MA has come down to the 0.5 Fib and the 50 Day MA and has bounced strong since, the price action is right back at the 200 Day MA now and I believe if the bulls can convert the 200 Day MA to support then $PFE has finally reversed.
The price action has not been above the 200 Day MA since Nov '22 so this would be significant.
$PFE has been guilty of many fake breakouts over the last 2 years so until the 200 Day MA is converted, I will not consider a position and Wave C is still a possibility.
Once I am happy the 200 Day is now a support, I will add the impulse wave.
