ProShares UltraShort Nasdaq Biotechnology ETF BIS has already build up its base line or support you can say. It is the only stock (ZBIO, LABD) where the price line has clearly shows the support over the last one year period of time from July 2015 till Aug 2016. Slowly but gradually it's going NORTH. Time to buy for long time holders. www.zacks.com
As soon as the red solid channel breaks. it's time to party. www.zacks.com
It's a buy those who doesn't like to go short IBB www.zacks.com
GO HSORT GUYS WITH LEAP OPTIONS OF NEEDED. PFIZER TOPPED OUT. buy the rumor sell the news " Pfizer to Buy Medivation for $14 Billion" The bigger the buy the greater the fall. www.wsj.com PFIZER is trying her last bet to survive but eventually will fall. wish Pfizer CEO and all the board directors can see it for them to look for new job or polish up resume or...
On this trade i am not expecting much as this is a trend continuation trade could see some volume but i like to trade reversals more than this Waiting for breakout to short this trade with take profits @ Flag Notice:For this trade only put less amount of money that u normally put on all trades
PFIZER is in an uptrend on daily but with a big bearish divergence on 4h. I'm expecting a deeper correction before a possible strong wave up. The breakout of long term rising trendline invalidates this setup.
Pfizer is doing pretty well on long term perspective Price has tested and held the 10-year trend, by falling to 10-year uptrend border (at 30.5) during August selloff, then bouncing back up from it Price is also currently restoring its 5-year trend, however it is yet to trade above the 5 -year uptrend border at 33 Nothing stops the price from trending upwards -...
from technical point of view pfe is in a down heading pitchfork arriving to the median line (which is also multy pivot line) the second time is not a good sign but there might be a temporary support in this area not recommended for long of course but for short with destination around 27 $ based on closing beneath the median line