$PFE
Added 2023-07-11 11:56:07 +0000 UTCStill comfortably in this falling wedge here and getting tighter and tighter.
I am not seeing signs of reversing just yet and we can see that the 0.78 Fib comes down exactly to $34, so this is where I will be watching closely for a bounce....or a break out of the wedge to the upside.
The 50 Day MA is also following the wedge trendline down, so a break out of these two resistance lines and this is further confirmation of reversing....so for now, we still wait.
Earnings on the 1st of August....exactly where the wedge is due to end.
