$PFE
Added 2023-08-01 20:58:25 +0000 UTC$PFE did not get the catalyst it desperately needed today to break out of its long and tightening wedge.
We can see that it got a slight bounce at the opening to the 50 and 200 Day MA on the 1 HR chart and it rejected, before attempting to test the yellow trend line.
And so the price action continues to follow the projection down and the big target to watch for is $34 at the 0.78 Fib level.
I will not add until then.
