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Pfizer

Pharmaceutical Reversal?

By dhimaswppr
PFE ABBV will be on my watchlist next week.

Let's start with Pfizer first.

Pfizer has been down since mid of December 2022.
And now it is on interesting area (see on the chart)
snapshot

In my view, area of $ 42.74 to $ 43.52 will be critical.
Next week Pivot Point will be at $ 44.24, if the price can stand above its weekly Pivot Point then a potential reversal may occur.

If we look at the weekly chart, EMA200 Weekly has been survived by the last downfall of PFE on October 2022.
snapshot

MACD have shown a small bullish divergence.

Maybe an Earning Report can boost PFE chart for next week.
snapshot

Let's see.
Chart PatternsTechnical IndicatorsTrend Analysis
dhimaswppr
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