PFIZER
Pfizer: Strong Sell Opportunity.PFE continues to underperform on the long-term and under the recent fundamentals the pressure on it is growing. The Bearish Megaphone on 1D (RSI = 33.977, MACD = -1.120, ADX = 56.370) has printed a bearish continuation sequence that extends at least towards the 27.90 Support.
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Up..Up..& Away! Priority Review for Cancer DrugAt 8:30 AM NEWS
This morning Myovant Sciences announced priority review for Relugolix for Advanced Prostate Cancer.
The stock should have been up a lot more than what it was on the news but due to the non-circulation of the release, the stock did not move much.
Today at 4:05 PM, after the market closed, the stock started moving higher on more positive news.
At 4:05 PM NEWS
Myovant Sciences to Host Webcast and Conference Call at 8:30 AM EST on June 23, (Tomorrow Morning), to discuss results for Phase 3 SPIRIT 1 Study Evaluating Once-Daily Reglugolix Combination Therapy in Women with Endometriosis.
This company has a lot of positive things moving forward including...
On 6/11/2020, the stock got a boost with a price target of $45.00 a share.
Daily Chart looks good with indicators turning up, Bullish
Weekly Chart also looks Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
PFIZER SHORT Trading PlanEU states back spending up to $2.7 billion upfront on COVID-19 vaccines however,EU officials said the bloc would not buy vaccines produced exclusively in the United States, which includes PFIZER, fearing that would delay supplies to Europe.
Hence, I expect the share price will dip further.
Key Trading Plan:
i) SHORT when it reaches the pull back price at 34.98 and it breaks support level at 32.87 before reaching target Take Profit point at 28.28.
ii) LONG when the price breaks the resistance level of 36.89 with the target Take Profit point at 39.33
Author:
S.I.D. Aizu
Pfizer: PFE. Hardly any downside. Perfect Entry.The bad news with Pfizer's clinical trial is great news for traders and investors.
Why? Because the 'bottom' has been gauged by this piece of over the weekend news.
The bad news does not materially affect existing revenue stream and earnings.
The lack of movement intraday suggests that institutions have completely priced in the negative effect of the news before market open.
Anyone who wanted and NEEDED to sell has mostly sold, and there was no lack of buyers to take those orders at the $35.50.
Perfect opportunity for a long trade, short term or long.
Anything above 34.50 is a BUY.
Interval Targets are the Fibonacci levels on the chart. Final target: $45
Pfizer Shizer; Do the Bears Have this One? 🏥 | PFIZER ($PFE)🧑⚕️ Pfizer recently announced that a clinical trial of its drug Ibrance hasn't worked out as a long-term treatment for breast cancer. This news is unfortunate on a few levels, but specifically, in terms of price, the impact isn't great. Upon releasing the news PFE dumped as analyst began to revise earnings expectations downward. This sell-off caused a reversal of the shorter term post-COVID downtrend and caused what appears to be a return to the pre-COVID downtrend. While we do think a short setup makes sense here given the facts, there is plenty of reason to be bullish from a longer-term point of view given Pfizer's projection that it could have a COVID vaccine by fall and given their funding of other COVID companies working on treatments.
Resources: www.jpost.com + www.marketwatch.com + www.barrons.com
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1. Fractal Trend is showing a fresh downtrend (Maroon colored bars) on the 1-hour timeframe.
2. With this strategy, we are looking for short setups in an downtrend and as such want to enter short on retests of bearish order blocks plotted by Orderblock Mapping (Maroon colored lines) and/or bearish S/R levels plotted by Directional Bias (Maroon colored lines).
3. The play here is simple, we are looking for a reaction at the R1 S/R flip and then are targeting the S1 orderblock at the current low. Then, by placing a stop just above the S/R flip, we have ourselves a solid 4.09 risk/reward ratio.
4. Other levels to the upside to watch here are R2 and R3 bearish orderblocks which should see a reaction if and when we move to the upside.
5. Below, the S2 and S3 bullish orderblocks should provide support if we move to the downside.
Keep in mind we are only looking to short weakness in the near term here, as time goes on PFE should find support and potential COVID cures could easily send this stock back up.
Until then, good luck bears!
Pfizer -PFE - Technical and Fundamental AnalysisTechnical Analysis:
Wait that the upper resistance line will be broken before buying.
The prices are in a sideways trend, theoretically they should resume their previous trend (uptrend) breaking the top resistance dotted line.
Fundamental Analysis:
Pharmaceutical giant Pfizer (NYSE:PFE), which is working alongside German drugmaker BioNTech (NASDAQ:BNTX) to develop a coronavirus vaccine, says it should have initial data from its stage one clinical trial in mid-to-late June.
"Pfizer: going up" by ThinkingAntsOk4H Chart Explanation:
- Price bounced on the Support Zone and returned to the Weekly Ascending Trendline.
- Now, it has potential to move up towards the Descending Trendline.
- If price breaks it, there is potential to move up towards the Resistance Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
MRNA up 27% INTRA-DAY COVID19 VACCINE SO Moderna spiked from roughly $19.07 to $28 est. in less than 45 minutes after rumors broke into confirmations ending with headlines as Mordova has officially announced a vaccination for COVID-19 has been developed yet with months of red tape ahead of us (still have yet to undergo animal testing, clinical trials, human testing, then once the vaccination has been deemed non-hazardous there's still a mountain of red tape from the FDA to ensure legal & non-reactive allergic breakouts can be filed as is normality in cases like this when one CLA-3 from half a 0.5% of individuals who suffer Y symptoms while also taking X drug (regardless if whether or not there's a correlation) -- the problem with our judicial system is that in times of emergency, there's no time for red tape...and in a select few (seldom; extreme case scenarios only) instances in modern/poster modern American history, we've seen the red tape bypassed for one extreme example would be the use of radioactive nuclear fission in the form of a bomb without the 8 months needed to test the results of radioactive emissions & yields...hell no; this was during the spring entering summer of 1945 and every military strategist/analyst/general from Patton to IKE had a U.S. death toll at 1,000,000 EST. for the initial operation to invade mainland Imperial Japan (something that was first proposed when the Soviets reached Berlin) & without going on a tangent or getting too far off track -- the common misnomer is that we won WW2 from ignoring the red tape / warnings from biochemists/physicians and went ahead with Trinity to Hiroshima to Nagasaki out of severe desperation.
STOP: $21.91
S2: 17.89
TP1: 29.97
TP2 35.94 29.97
All in all I'd aim for a SHORT TP1 to be safe; though it's your money, your decision...pretty much liquidated most crypto except for $Long positions but here are some stocks/currencies I picked up this past week:
$ZOOM $NFLX $MSFT $AMD $TWTR $FB $IG Stocks I picked up during the coronavirus madness after last Monday plus $MRNA $PFIZER $AA $TADVSR today with $BTC $ETH $XTZ $SRIYAL currencies & $XAUUSD #crudeoil —
Disclaimer
Not Financial Advise. This ends $MRNA publication...everything below is strictly anecdotal based on historical events from the 20th century to present -- a brief history on the start of postmodernism & how a chinese trade war escalated into what this is
@a1mtTarabichi
Now for a brief history lesson cont. if you guys don't mind =D
Ever wonder why we dropped 2 bombs on Japan?
No, not cause your history teacher's anecdote about how "we sent two over and dropped a second because they didn't fold after the Hiroshima" nor were we "prepared to drop a third on Tokyo" as we dropped Hiroshima & Nagasaki because WE ONLY HAD TWO BOMBS...people need to understand that civilization is nowhere near as organized or 4D chess-like as we'd imagined them to be. The idea was to get the Emperor to fold the white flag than have our aircraft carriers bring in the marines to Tokyo & once they docked/prepped/rested, come to China's aide (after they had been begging for it) since before the rise of fascism/rape of nanking.
There's a reason I"m telling this anecdote; it's directly tied to the situation/circumstance we are living in today. Make no mistake, what is going on right now with COVID-19 is the CCP's furious revenge at Trump's Trade Policy & let's just say that XIDADA was under pressure from Hong Kong protests (wait, what happened to those?!) coupled with their worst GDP turnout in 28 years facing down a booming U.S. economy that was decoupling itself from its dependency on China -- this led to some heinously atrocious acting on the CCP's part & to kill 2 birds with 1 stone: bio-warfare is not a "conspiracy" or "out-of-the-question" esp. when you consider the facts:
- Patient 31 & 0 had no involvement in an open market food bazaar which would've been the cause for this type of superflu
- WHO determination that CCP lied about dates, times, # of infected & intentionally withheld data long enough to prevent a repeat of the "Ebola" success -- that is stopping it in its tracks early on. Western CDC doctors / officials from U.K. + U.S. were denied access to Wuhan or early patients/mainland China.
- China & the CCP has ONE bio-hazard extremely dangerous virology dept. in the entire nation....with a population of 1.4 billion -- you guess it, located in Wuhan, China *roughly 20 minutes from Patient 0*
- TIMING: COVID-19 has been deemed a pandemic & as new information comes quickly we've come to learn that it is a seasonal based contagion (so like the spring of 1918 where the Spanish Flu ravaged the world...it *died down* (pun intended) during the warm summer months only to come back tenfold in the FALL. What else is happening in the FALL ?
-Election 2020: Trump, by in large, has secured his victory solely on his economic accomplishments. Even with the two devastating weeks thus far & an est. 10K drop in the DOW; most people STLL made more money on their 401ks in the last 3 1/2 years than the prior 8 1/2 before that.
- SUPPLY CHAINS: China has a monopoly on anti-biotics, disinfectants, antivirals. Look at the price gouging alone...
Not to mention it's no secret that China has had a population control issue -- so it is especially ruthless to *if you're playing along with the conspiratorial allegation, which is more than conspiratorial based on the motive alone* China has uplifted more people from it's Middle Class in the 2010s decade than any other nation on Earth. It's looking to be a leader in economic/soft power/trade in the 21st century while uplifting double the % into middle class by 2100. How to "sanitize" a bunch of "dead/worthless weight" to clear room for a more competitive, educated, loyal party affiliates -- how to do so in such a manner that DOESN'T offend your own populous & allows your government to remain open to the prospect of letting future Chinese citizens have 3 children instead of 2?
Lastly, my own personal note: from "a COVID19 + patient at CPAC" to "Iran's inner circle/Ayatollah #2" to the Saudi/Russian trade war...it's not that this pandemic spread quickly that's cause for concern. It's the fact that if you look closely...it almost seems like it was intentional. From Idris Elba to Tom Hanks...president of Brazil? One individual at CPAC? We've seen less than 50K cases thus far in the USA & is it just me or are the cases disproportionately spread to the 1%ers of our cultural/economic/political influence as you hear more about celebrities testing positive than you do about anyone else? I could be wrong...but all evidence points to the contrary.
A recession is defined as two or more fiscal calenders (Qs) with negative GDP turnout. Q1 will definitely turnout negative as will Q2 (mind you; it wouldn't have before news broke) so take your pick if you don't believe that the CCP would unleash something like this knowing they have a monopoly on antivirals/antibiotics & if you think China, the biggest trade cheat since the free market economy went global, was gonna sit by and let POTUS45 actually "level the playing field" on trade -- just as their beautiful rise to #1 was taking place...you've got another thing coming. CCP is a ruthless political organization, they are the sole entity & ruling class of the entire mainland China, now having influence in all the belt/road ports & will effectively own Hong Kong (as per a death with Thatcher) come 2040.
What did China have to gain from this?
- No more Hong Kong talk.
- No more Trump pushing back.
- No more Trump economy making him look good for Election2020.
- Medicinal Supplies/Amenities/Utilities give them leverage for Stage 2 Trade talks.
- Population control
- Propagandized "it was the West's fault!" straight from Cold War playbook, divide/conquer
- XIDADA consolidates power, stabilizes CCP GDP turnout, gains TradeWar leverage points, (more Chinese die than any other) zzz Who cares ? Blessing in disguise for a heartless Stalinistic monster who has - -greater ambitions than saving a few million Chinese citizens, but to push the US/NATO out of the South China Sea indefinitely.
Back to Hiroshima/Nagasaki. Stalin, arguably more ruthless than Mao / Xi; sent his depleted/defeated/exhausted & 28,000,000 dead Red Army into Manchuria the minute Soviet intelligence got wind of the Trinity Test; Zhukov/Krushchev under direct orders from Stalin immediately re-positioned the celebrating/recovering Red Army beaten/wounded soldiers drinking in East Berlin's pubs all the way to the mountains of Manchuria & for 2 weeks they remained there unarmed with no munitions or no equipment while they waited for the inevitable bombing of whatever major city the Allies were going to attack. Had FDR not passed away in the spring of 1944...I'm certain things would be much different, as a much less paranoid Stalin would've listened to the wheelchair president & made a move that was right for himself & his hold on power -- not a reactionary border war with a neutral party based solely on the premise that "NATO/USA cannot be on Soviet borders" & so the common misconception is that the two atomic bombs that caused Imperial Japan to surrender....didn't.
In truth it was the Soviet's invasion of Manchuria (which wasn't pushed forward by Zhukov until after Nagasaki was dropped a few days after Hiroshima) and Japanese archives / history text state unequivocally that a 5/5 vote needed to be reached unanimous before the request to surrender could be brought to the Emperor....remember this is Imperial Japan we're talking about. These guys literally built Mitsubishi Kamikazi planes & would decapitate themselves using samurai swords from the inside out before admitting defeat. So it was the Japanese lead military commander (under the Emperor -- who himself had no idea what was going on in terms of logistics on the battlefield...where after the Hiroshima bomb was dropped it was said that he still believed he could win the war) the vote which shifted from 1/5 to 3/5 after the 1nd & 2nd bomb then became a unanimous 5/5 when the Soviets pushed into China & even with unanimous agreement to unconditional surrender -- the lead Japanese advisor to Hirohito (Kochi Kito) drafted the terms from the Allies (which were ruthlessly unforgiving; demanding unconditional surrender -- much like with the Nazis) and DESPITE both nuclear bomb & STALIN'S invasion of Manchuria; unconditional surrender could not be accepted unless the Emperor remained emperor...which (needless to say) caused somewhat of a rift in internal U.S. politics.
Initially we rejected their offer for conditional surrender then bluffed & threatened a 3rd nuke on Tokyo; which they proceeded to call (yes. they were willing to let their entire beloved Tokyo go down in ashes along with the whole of Japan if it meant saving the emperor) and to show how resilient the Japanese really were -- when U.S. & Allies accepted Japanese terms for exhaustion & everyone wanted the war over with at that point...everyone but the Japanese it seems.
Hirohito remained emperor until 1985, where he died.
So why the History lesson? China was supposed to be a part of NATO. They cried for help during the Great Depression & their cries were buried by the tortured screams of the victims of fascism in Europe -- we might have stopped the SS & their sick/twisted experiment (The Holocaust) but to this day -- we never really talk about the fact that what Hitler did to the Jews the Japanese did to the Chinese & it was the U.S.'s obligation to protect Japan from falling victim to Imperialism.
So when you take that huge letdown coupled with Stalin's ruthlessly efficient & cold-blooded decision to take his defeated Red Army & clear out a defeated Imperial Japanese Army in what little pockets of territory they held from Manchuria to India -- this is how Mao ZeDong; the Chinese Communist Party & even Kim-Il-Sung (Juche) were propped up & are revered today in China/North Koera as "Socialist Demigods" when in actuality they were (both of them) just two beaten/battered/worthless nations that had been ravaged by war & like a kidnapped child with Stockholm Syndrome they were more than happy to take whatever dipshit Stalin would prop up & declare leader so as long as it meant an end to the fighting...a 4-5 year period of Hitler's reign of terror paled in comparison to almost two decades of Imperial Japanese ethnic cleansing from Nanking to Beijing.
IF you ask me?
We should've let Nazi Germany & the USSR beat the shit out of each other until there was nothing left on either side then stormed Normandy in June 1945 -- at which point a Hiroshima/Nagasaki bombing could've been a Berlin/Tokyo bombing and this could've very well prevented the Cold War not to mention added an entire Far-East Asian wing to NATO that would've included South Korea/Japan/China that all in all (without getting into hypothetical) I think we can all agree would've been a better world.
I'll take greed & a peaceful transition of power over corruption & autocracy/communism ANYDAY
Peace & Love
Twitter / LInkdeln / Steemit / TradingView / StockTwits / IG
-@a1mtarabichi
Pfizer looking bullish based on RSIThe downwards pattern in the RSI suggest we may break that trend soon and move upwards. Also there is strong support around $27.85 if the downwards trend on the RSI continues and the price hits $27.85 I think there is a buying opportunity but we also see there is resistance on the upside at $37.37ish. Not a bad time to long Pfizer specially if we get close to the low end of the resistance and the virus still continues to be an issue.
"Pfizer: correction before going down" by ThinkingAntsOk4H Chart Explanation:
- Price broke the Weekly Ascending Trendline and went down to the Support Zone.
- Price bounced from there, developing a Pullback.
- After the up correction is finished, price wil go down to the next Support Zones.
Weekly Vision:
Daily Vision: