Earnings tomorrow before the opening.
We have been monitoring this for months now and waiting for a catalyst to turn this sleeping giant around.
PR wise, this is not a popular company but there is no denying its revenue and its fundamentals and ultimately, Revenue will have the last laugh.
$34 is at the 0.78 Fib but we are deep into the buy zone now and I can see a very clear ABC corrective wave now and C looks complete.
I am not ruling out that this can still come down to $34 but in terms of Risk v Reward, $PFE is favouring the Reward side.
Sagar Kanakiya
2023-08-01 06:06:12 +0000 UTC