PFE turn around Long opportunitybreakout downward resistance, back to long term uptrend channel on weekly. go long after it stays about $38
PFE trade ideas
PFE continue with new HL and set to surge in priceAs you can see from the dark blue line we keep seeing higher lows and prices set to spike because of news that PFE got approved for emergency covid vaccines.
Remember this is only my opinion and you should always do your own before buying a stock as I cannot guarantee that anything I will say to happen.
+10% PFE : Keep going the market will teach all of us! Made a nice +10% on PFE , I SHARED IT with YOU GUYS if you missed , that's on you .. because you are still learning (and that's fine don't feel a bite on your ego) .
If you'r EGO is inflated = You are screwed in this business .
So keep it small ( size does matter ) I don't want you to blow up your hard earned money because this place isn't friendly.
pfizer inverse Head & Shoulders inverse Head and shoulders pattern on weekly frame and rejected from 200 EMA , great entry point or enter after confirmed breakout .
$PFE Prizer Inc $44.00 Target
PFE stock hitting yearly candle resistance @$41.00 pre market, a break above will
open the potential for a move to $42.00 & $44.00.
Stock is overbought so look after profits
PFIZER D1The UK is the first country in the world to approve a coronavirus vaccine from Pfizer and BioNTech. The vaccine will be available nationwide from December 7th. The authorities have already ordered 40 million doses of the drug. Since for the vaccine to be effective, patients need to be given two injections, the drug will last for 20 million people, The Guardian notes.
The first to receive the vaccine will be Britons with an increased risk of infection - first residents and staff of nursing homes, then other citizens over 80 years old and then healthcare workers. Mass vaccination for people over 50, as well as young citizens with chronic diseases, will become possible with the receipt of more doses of the drug in 2021.
Pfizer and BioNTech also filed applications for their vaccine on November 20 with the US Food and Drug Administration and on November 30 with the European Medicines Agency. If the approval of the American regulator is received, the use of the drug in Europe could begin as early as December. The cost of one dose of the vaccine for EU countries will be 15.5 ($ 18.34) euros, Reuters previously reported.
According to the test results, Pfizer and BioNTech estimated the effectiveness of their vaccine at 95%. Of the 170 volunteers who tested the drug and contracted the coronavirus, 162 received a placebo and only 8 were vaccinated with the candidate vaccine.
PFE Long term Bull Prediction Split.PFE will do great long term, just the way it will go in the shorter term is a question. #2 kinda seems more likely if PFE gets proper FDA approval and no hiccups. #1 is for the hiccups and if other vaccines do better.
PFE Long, Strong Buy$PFE (Pfizer) stock price will skyrocket once UK and US approve the medicine for the COVID-19 vaccine.
PFEWith Pfizer being one of the current leaders in the Covid vaccine race, the European Medicines Agency is projected to approve the vaccine within the next month. Potential for a major push from PFE these upcoming weeks when announced. If it is able to break above the 37.20 line, expect trend to go upwards.
Pfizer heading upWith their vaccine about to be released and with the technicals showing it being squeezed higher and higher, the lows are making new highs, potential price target 40$ then higher depending on news. Only up
PFE Ascending Triangle LongNYSE:PFE looks like it's currently in an Ascending Triangle, which could possibly break out once it hits support at the low trend line. I predict it could reach 42, although would recommend selling before that.
WARNING: I am not a stock expert and am just learning technicals and chart patterns, if you like this idea and would like to replicate it please use fake money to test out this strategy.
pfizer stock analysisThe idea is to go long - just wait the possible end of the price retracement
NYSE:PFE
PFE - Elliottwave analysis - ABC zigzag down PFE - It has completed A wave down and correcting higher in B wave. Sell it near 37.50- 38.50 with invalidation level above 39.76 for target zone below 33 level.
Give thumbs up if you really like the trade idea.
symmetrical triangle, higher lows, decreasing volumebouncing off middle channel (orange line), higher lows, decreasing volume.
with covid-19 vaccine shenanigans, we may test all time highs again.
PFE LongWeekly Chart for long term
Downtrend Channel breakout + retest
Uptrend trendline as support
Entry 37
Stop 34.5
target: 44;
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
