$PFE
Added 2023-12-27 17:36:16 +0000 UTC$PFE is again testing the top of the falling wedge again, which is also the 200 Day MA line on the 1hr chart.
We can see that this level has been a formidable resistance line since August and has rejected at this level 4 times since October.
I suspect, sooner or later that this level will be broken but there needs to be a convincing breakout here before adding or starting a position.
$PFE I believe will recover but it needs some positive news to act as a catalyst.
Another rejection again at this level and it is back down to $25 next.
Comments
I started a pos at 36$, still have it, would like to add more when you do.
Rene
2023-12-28 15:04:28 +0000 UTC
