$PFE
Added 2024-10-22 16:30:09 +0000 UTCThis wedge is getting tight now and we have a double 0.78 Fib test now, first test came in the middle of August and now again on the shorter pull back.
The wedge apex is also aligning with their earnings date which is due next Tuesday before the market opens.
I suspect no direction will be taken until the market gets more information from this report
What I need to see from this report is an improvement on their growth trajectory, this is what I believe is concerning the market.
And since there is a hostile stake position active now, I expect them to be aware that they need to deliver now.
We have a position here.
