PFE trade ideas
PFE STILL MORE GAS IN THE TANKThis chart has been fairly predictable for the past year, however as we start to shape up the larger degree wave count, I've decided to alter this from an expanding diagonal to a typical impulse.
The main thing shaping this is the action for wave 2 which appears to be a flat.
Under this premise, we have subdivision of wave 3 underway. It appears to be an expanded third: triggering the 1.618 with evidence of another leg up to the 2.272 at $56. This is the primary trade at hand, as we target 15-20% gains here. This trade presents a 10:1 RR with a SL around $45.50 at the recent low for a 20% target.
Wave 4 of 3 looks to be complete, hitting the 1.618 extension of A to B (see chart below). We have RSI testing the 70 which will be telling: if it can get into overbought territory, then it's indication of a trend reversal (as markets typically only go into overbought when bullish). Not pictured is the stacking bullish divergence for this wave 4. Another thing that stands out as evidence of wave 4 complete is that it was sharper than wave 2 of 3. By rule of alternation, we would expect this.
Upon hitting this target near $56, we will reevaluate, likely close, and look for the next wave down. For now, I have a $45 level identified (w4 larger count) and a 2.618 target near $60 (w5 larger count) on the map. Remember: for extended wave 3s that approach the 2.0, we look for the next fib level near 2.618 for w5. These future targets are dependent on what happens here in this wave 3.
$PFE - Hammer Time Reversal?We see a hammer on the 1HR. Could this be the reversal we are looking for? Or another lower high? Only the MM’s know that for sure. I closed all my short positions and slowly started to add here. Hence slowly because it can easily go lower. Overall trend is still bearish so we will need better confirmations to confirm reversal. LMK what you think!
I’m a Buyer on pullbacks Been following the way this stock moves for a little over a year… never seen it move the way it is right now (actually, for the last month or so when it broke out of the low 40s)
I’m trading this with a long bias
Positive Top-Line Results From Pfizer’s Phase 3 JADE DARE Trial PFE: Pfizer Inc.
2021-08-30 06:45:00
Positive Top-Line Results From Pfizer’s Phase 3 JADE DARE Trial Comparing the Efficacy of Abrocitinib and Dupilumab for Moderate to Severe Atopic Dermatitis
$PFE OptionsIf $PFE cannot hold support here, puts. No volume to support it. IF we see bounce calls.
looking for sell Pfizer Inc. is an American multinational pharmaceutical and biotechnology corporation headquartered on 42nd Street in Manhattan, New York City. The company was established in 1849 in New York by two German immigrants, Charles Pfizer and his cousin Charles F. Erhart.
a lot of things happening here.pfizer vaccine granted FDA approval. internal trend line, complex inverted H&S continuation pattern. PFE good buy at 44$.
PFE - Bullish Gartley?Sure looks like a Gartley. We'll see what happens tomorrow. Also did you notice how flat the price has been for the last 2 days straight? Perhaps some pinning going on?
If this harmonic fails, the rally is over.
PFE VOLUMEPFE has a ton of volume going into tmrw, look for levels to be broken to buy calls or puts. Should be a big move coming soon
Stocks - PFE Distribution ShortIdea for PFE:
- Starts a downward move which will reach 43 by Aug 31.
- Sell the news.
- There was a Buying Climax indicated by volume and structure. Currently is a UT.
Got Oct 15 55P for 6.20 debit
GLHF
- DPT
A discover of Pfizer stock price over the duration 525 daysa discovery of Pfizer stock price over the duration of the covid19 marketing effort.
PFE - possible down trendPFE may go back to $42. Do your own research. Be prepared to buy back the dip.
Please do your own research before jumping in.
$PFE Long term PT 300 and higher$PFE Lepas Calls 70 Jun 16th 2023 Returns +10,125%
$BNTX and $PFE Leaps
The FDA approval of Pfizer’s COVID-19 vaccine is a ‘critical step forward in vaccine confidence’: Doctor
Army gives Pfizer $3.5B contract to make 500 million COVID vaccine doses
Pfizer authorizes $1 billion for oral COVID-19 treatment, CEO says
Pfizer now expects its Covid vaccine to generate $33.5 billion in full-year sales, the company said Wednesday.
Pfizer Is Ready, Even For COVID-19 Variants
CDC NOW ADVISING STATES TO PREPARE TO DISTRIBUTE THE COVID-19 VACCINE AS SOON AS LATE OCTOBER
PFE potential playthe recent news and new Berkshire trading strategies make me think about such a scenario. Not a financial advice.
PFE - FDA approval rumour next week FDA approval rumour after hours on friday, which lifted the stock up 4% and BNTX up 6%. There was bullish call activity all last week in Sept and Dec 50 / 55 Call expirations. PFE broke out of all time highs with volume and then backtested that line. Trendline is showing support from July. Look for continuation next week.
Elliott wave count on PFE 1hPFE have been completed 5 wave cycle now expecting abc correction may be until wave 4
$PFEPfizer’s been a fairly boring chart to look at but it could be something you might want to keep your eyes on since it’s finally broken above its all time highs.
It’s starting to look like a very nice long term trade!
- Factor Four
PFE.. follow the yellow brick roadEverytime it consolidates under yellow lines you see the aftermath is usually a 5-10% move.
Lets see if history repeats its self.
Breakout should happen either monday or Tuesday.
lets see..
$PFE - H&S on 30mYet another bearish signal. On the 30m timeframe we see a Head & Shoulder pattern formed suggesting a bearish reversal. The neckline is a trend line that is drawn across the intervening lows and should be horizontal or upward sloping to the breakout area. As you can see we closed below the neckline suggesting a breakout confirmation with above average volume. To get your target you measure the distance between the low of the first shoulder to the high of the head. Then subtract that amount on the neckline of the breakout. My PT is around $45. Remember, MM’s can easily drop it lower so be aware of the trend so you don’t buy in too early. This shouldn’t happen all in one day even though it is possible. My prediction tomorrow is that it makes another lower high around $49.50 to trap more bulls into Friday and next week. Overall I’m still very bullish on this stock but it need this correction before we can pass $52. There are lots of eyes on PFE and a lot of people are waiting on an entry at $45, so it may bounce pretty quickly there. But we will see. LMK what you think!
PFE correction neededAfter a double elliot impuls wave I expect a correction wave soon.
THe next levels could drop even harder, watch out for a possible double top pattern or similar bearish signals.
$PFE - Shooting StarOn the daily timeframe we can see what looks like to be a Shooting Star candlestick which indicates the end of an uptrend and start of a downtrend. PFE has been going up for about a month straight now and has been due for a major correction along with the market as a whole. However, vaccine stocks have been on everyone’s radar as the Delta V has been on everyone’s mind. FDA approval being speculated on early September, but could easily be pushed early to end of Aug which could result to a sell the news type event. However at the same time we have big buyers stepping in but does that mean they know something we don’t or are they here for the short term? I learned that speculation turns into emotional trading so I am just going to follow the trend. But I’d be lying right now if I didn’t say that candlestick worries me. For now I am short term bearish. I can see a pull back all the way to the $45 levels. For tomorrow I can see a bounce at the $48.30 levels. We’ll see! LMK what you think!
