I think $PFE has the potential to be the next $PYPL and $BABA/$BIDU/$YINN
The setups are very similar, long consolidation, good fundamentals, building up slowly in bullish wedges and above moving averages and just waiting for the right moment.
Dividend is also 5.8%
Yes they have been slow to catch up with $LLY and the fat losing drugs but they will catch up and dominate again in the future I believe
You are getting a chance to buy at the ground floor
Let me also remind you that the 200WMA is at $40 now, very close to our Wave 5 target, so even getting back to $40, would still have this undervalued.
Jose Luis Perez-Cid
2024-09-27 13:02:21 +0000 UTCChris H
2024-09-27 12:10:39 +0000 UTCBercan
2024-09-27 10:43:58 +0000 UTC