PFE - Potential Major Top My work shows PFE could be forming a major top in this area.
Long tailed dragonfly with a big gaping gap currently.
Target $23 area.
Not advice.
PFE trade ideas
PFE - Major Collapse IncomingTo continue from my previous thread from a while back.
PFE did top out at fib confluence area and it appears to be a blow off top that should lead to a higher degree correction / collapse.
Will see how it reacts to the 50WMA and lower channel trendline but I am expecting it to at hit the 200WMA at least and I think it may well get as low as $22
Not advice.
Pfeizer to Set New Local Lows. PFEAnother zigzag well in formation with a triangular B Wave. We are anticipating C Wave Shortly. Do not be dissuaded by diminshing negative momentum - Elliott prevails over all.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Pfeizer is going down. PFEThese guys apparently manufacture COVID vaccines that do not seem to work. Anyway, this one is heading low.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Longing Pfeizer on the Rebound. PFEPost a very juicy short on PFE, its time to reverse the direction. When facts change, our opinion also changes.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
PFENot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Accumulating PFE from $46.00 - $47.50 This is one of the stocks I hold indefinitely for dividends.
we're at the bottom of our current channel and a double bottom is forming in a major area of support.
In my previous post I stated my accumulation sections are in the lower end of the channel, so this is prime real estate to enter.
Momentum downwards has come to a halt and I believe we will retest the center channel line from this point.
I am diversifying a portion of profits I made from the last 2 trade set ups I've posted into PFE. A fundamentally sound entity in our current market economy.
I'm sure you could assume why.
Charts to Pay Attention To!Just surfing the charts, seeing what's going on with stocks I haven't traded in a while and seeing a lot of things that I am like "Why is no one talking about it?!".
Let's start (also, these are not math based assessments, simple chart setup based assessments):
1. Pfizer, the most obvious. We have it forming a descending triangle. Whether these are bearish or bullish tends to be hit or miss but generally they signal an impending bigger move coming. Be watching to catch it!
RTX
2. RTX has broken out of a demand zone and is holding. This zone has been a reflexive area as of late and historically where RTX bounces. It has an overhead gap around 91 to 92 on the hourly chart. If RTX holds this breakout of the demand zone, the next area of slight resistance is around 91.
CLX
3. CLX (Aka Clorox) honestly takes the cake. This is a really convincing chart and I am planning on probably scaling into a position for a longer term hold on this on Monday. Solid fundamentals as well CLX is trading in a low it hasn't seen since around 2018, this is something both investors and traders should be watching closely!
CP
4. Ah yeah, the notorious bullish bird. My personal favourite (and invented) pattern. We see that CP has broken up of the fluttering wings of my notorious bullish bird. Positive momentum with it favoring a bullish continuation into next week based on a simple probability assessment. We should be seeing it hit the 80 mark very soon and expect to see some pullback before any continuation up. But I am personally watching this myself.
T
5. Poor AT&T. Regardless of your position on this company and its practices T has not seen these lows since 2009. Its extremely oversold and its likely going to rebound in a massive way and you can bet that I am going to be looking to enter on Monday.
TMO
6. Company with a sick name. Does a lot of research analytics stuff. I am not overly familiar with their fundamentals, aside from solid earner and established company that has continued to deliver to investors, which is great, but so is its chart.
That's it!
Just wanting to draw notice to some of these more neglected stocks that not many think about.
Hope you found it interesting!
Trade safe everyone!
$PFE buyPfizer has reached weekly support and bulls are getting in with power from lower timeframes.
we can buy now
PFIZER Early approval for Vaccine Today PFE announced they may get the results of vaccine trials by the end of number and they may apply for early approval from FDA, the chart indicate breakout from down channel , also show reversal head and shoulder , PFE may finally end the long term down trend as they will benefit from vaccine manufacturing and distribution , please share your thoughts.
Pfe curving bottom? Chart shows over reaction and intentional crash and ignore COVID 2023 revenues to ZERO.
Close to oversold on RSI.
make or break time ⌚so close to breaking this extreme support today, I would not be surprised if we saw a gap down below it soon. This doesn't mean we should rush into a trade though, remember its better to wait for a clear break! many traps in this market for both sides, so trade with extra caution.
Watching for downside continuation below 45.52, longs above 47.31
Pfizer's going to rocket?I didn't take a look at Pfizer for quite a while, but just recently going through the list of my favourite stocks I noticed it from the first glance. Something is going to happen...
This declining volume, overlapping of price and a bit of a volume spike on 11th August, all seems to be in line.
The 3rd wave formed in December 2021 and we had a correction for almost a year, now it's time to move on. Fly PFE fly!
Invalidation point is 46.28, with min target of 61-65.
Good luck trader!
Accumulating more PFE for dividendsA wonderful stock to hold during this time. Dividends are okay, but it's the economic moat for me.
pfizer is ready to see $53 pfizer is ready to see $53 , it's in G diametric pattern and it's ready to compete it to make b of flat
PFE trianglePFE reached the bottom of the triangle AGAIN. I added of lows today to my current position. Still holding this dividend cash cow. It looks like something that's going to eat you! But the trend line works magic. Nice longer swing or LT hold for me. Not day trading this one, moving too slow.
PFE - Basing nicely in a channel
Levels are marked clearly, until it moves out of this channel, hard to predict which way price will turn in the short term. LT, very bullish once it clears 55.40
DO nothing for now. Wait for breakout.
Pfeizer peaked, now losing momentum. PFEGoals 0.56, 0.49. Invalidation at 0.89.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
PFE bullish trianglePFE potentially make abcde corrective and continue bullish trend. it will make e then buy. to the target price.
PFE: Triangle break!Pfizer
Short Term - We look to Sell at 50.48 (stop at 52.47)
Our outlook is bearish. Broken out of the triangle formation to the downside. This is negative for sentiment and the downtrend has potential to return. Further downside is expected although we prefer to sell into rallies close to the 51.00 level.
Our profit targets will be 45.49 and 42.00
Resistance: 50.00 / 54.00 / 62.00
Support: 45.00 / 40.00 / 34.00
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Pfizer | Fundamental Analysis | Must ReadSo far this year has not been kind to stock markets. And while many drug makers have avoided a selloff, Pfizer is not one of them. The pharmaceutical giant has performed more or less on par with the broader market to date. Fortunately, Pfizer's latest quarterly report showed some very encouraging signs.
However, there are also reasons to be concerned about the future of this medical company. Let's look at one earnings-related reason why Pfizer might be a buy and one reason why it might not be.
Pfizer has made a fortune over the past couple of years through its work on coronaviruses. The company continues to benefit greatly from these efforts. In Q2, the company's revenues rose 53% year over year to $27.7 billion. According to company executives, Pfizer recorded the largest quarterly sales in its history during the period, and that was primarily due to its COVID-19 product line.
Sales of the coronavirus vaccine totaled $8.8 billion, up 20% from last year. Sales of the coronavirus drug Paxlovid were $8.1 billion (no year-over-year comparison here, since the drug received approval in December). These two drugs alone accounted for more than half of Pfizer's total revenue.
While Pfizer's line of drugs against coronaviruses is currently unparalleled, the rest of the company's portfolio is not as impressive. The non-coronavirus drug maker's revenues grew a paltry 1% year-over-year in Q2. Pfizer's line of drugs faces a number of challenges, including adverse events related to its immunologic drug Xeljanz. Xeljanz belongs to a class of drugs known as JAK inhibitors.
Last year, Pfizer published data from a post-marketing study that showed Xeljanz was associated with higher rates of cardiovascular events and cancer than TNF inhibitors, a drug category that includes AbbVie's Humira.
The results of this study, combined with a regulatory decision to add a warning about these risks to the label of Xeljanz (and other JAK inhibitors), are holding back sales of the drug. In Q2, sales of Xeljanz declined 24% year over year to $430 million. Revenues for the immunosuppressant Enbrel also fell 10% year over year to $257 million, probably because of tougher competition, which also affected its sales in Q1.
Pfizer has some good non-coronavirus numbers, including its drug Eliquis. In Q2, sales of that anticoagulant rose 23% year over year to $1.7 billion. But overall, the company has barely been able to increase sales outside of its line of coronavirus drugs. This could be a problem if sales of COVID-19 products fall sharply after this year.
In my opinion, the market is still underestimating Pfizer. First, the company will continue to make profits from Paclovid and Comirnati. COVID-19 will not (unfortunately) suddenly disappear out of thin air after this year. Even if the demand for drugs to prevent or treat the disease declines, Paxlovid and Komirnati can continue to make significant contributions to Pfizer's top-line revenue for a long time to come.
Second, while the rest of the drug line is unimpressive, pharmaceutical companies sometimes face this problem because of growing competition, patent breaks, or other factors. But drug makers generally don't have the advantage of growing sales at the rate that Pfizer does when they face such obstacles.
What matters is whether the company in question can meet these challenges. Having a solid portfolio and plenty of money to devote to research and development helps - and Pfizer has both. Thanks to the company's success in the coronavirus market, its cash balance has skyrocketed.
Pfizer has been active in acquisitions and plans to continue on that path. This should help bolster its already solid line of drugs, which has more than 90 clinical trials. Pfizer expects up to 15 new approvals over the next 18 months. Some of the current programs could go wrong. But the company has all the tools it needs to launch several new potential blockbuster drugs in the next five years. That's why investors should siphon off the company's stock before it rises in price.
PFE MonthlyCharted this a year ago, still looks good. Long term bullish, purely technical
Cup and handle...bull pennant...inside candles
