$PFE - BUY ZONE ADDED -
Added 2023-03-16 20:08:38 +0000 UTCOK $PFE for me is now in the buy zone and it is added today.
Holding the $39 price target I mentioned before and conveniently at the 0.65 Fib level AND a trend line support. RSI is showing a bullish move and MACD is also showing bullish trend.
I will start a position with $PFE tomorrow.
I believe fundamentally that this is undervalued now, strong fundamentals and good growth ahead with its recent acquisition.
Buying a Pharma stock in times of a potential recession is a sensible move too.
That is over 5 indications now to me to be positive about and that is why I am starting a position.
Comments
Adding this am
BHelmsUNC
2023-03-17 11:31:24 +0000 UTCAdded.
SSK
2023-03-16 21:13:53 +0000 UTCWill post some thoughts in chat and here
TommyJR
2023-03-16 21:05:07 +0000 UTCLet me know what you think of them
Gareth Neary
2023-03-16 21:00:00 +0000 UTCI know you don't do them but options are pretty cheap on this name and im going to take a look .. thanks
TommyJR
2023-03-16 20:58:53 +0000 UTCIβll reassess at $54 but the intentions will be to hold long term
Gareth Neary
2023-03-16 20:56:43 +0000 UTCBuy
TommyJR
2023-03-16 20:54:31 +0000 UTCIs this a swing re the pattern or LT but and hold
TommyJR
2023-03-16 20:54:26 +0000 UTCCorrect π
Gareth Neary
2023-03-16 20:15:45 +0000 UTCfirst buy in 2023 :-)
Kristof Van Nevel
2023-03-16 20:15:26 +0000 UTC
