SamSuka
The Long Investor
The Long Investor

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$PFE

No changes to the chart here for $PFE, it still hasn't managed to find support and it is still in this very strict descending wedge that has been in place since mid 2022.

There is nothing quite like this formation in the S&P 500 right now that we can see.

Bill Gates reported recently that he has started a position in $PFE, after originally buying in just before the pandemic and selling at the peak in 2021 (incredible timing)....maybe he is anticipating something again or he just sees the R v R here favouring the reward side, as the price is almost back down to its Covid Low level and a support level that has been in place since 2013.

We want to see a clean break out here of the wedge before turning bullish.

$PFE $PFE

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