$PFE
Added 2024-01-10 10:55:30 +0000 UTC$PFE still has my attention after bouncing on its historical support line and breaking out above its very acute falling wedge.
We are just seeing one bounce already so the real interest will be what happens on the pull back, will it find support on the outside of the wedge or record another fake breakout and fall back into the wedge?
We need to see.
A successful pull back and hold on the outside of the wedge at $28.10 and we are into reversal territory and the next test will be a move up to $33.60 which is also a strong resistance/support line.
Comments
The 200Day Ma at $41 would be the target next
Gareth Neary
2024-01-10 10:59:36 +0000 UTCGar what would he the wave 3 target if we stay above the wedge ?
WiktorW
2024-01-10 10:58:24 +0000 UTC
