Long

Long PFE. Volume spike bigger than Covid crash.

By traderxchart

Updated

Long PFE.
Volume spike bigger than Covid crash.
Potential monthly reversal candle
MRNA bullish

Note

Major support from volume spike back in June 3rd 2013

Note

Volume spike today, MRNA at resistance level, monitoring

Note

Bottom volume spike should overpower
Best to wait for monthly candle close and not get phased by noise

Note

Tested 50 day SMA
Looks successful so far but daily candle needs to close above for confirmation

Trade closed: stop reached

Broke below 50 day SMA

Trade active

20 day ema potential bounce

Note

Healthcare conference organised by JPM and Cramer is talking to Pfe CEO.
Best to be cautious and not have a too big position.

1 hour potential bear flag.
Let's see how this weekly candle will close,
Ideally, don't want to lose 20 day EMA or make a weekly lower low.

Trade closed manually

Closed as it feels like a bear flag on the short term

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