Pfizer in a bull flag.Pfizer - 30d expiry - We look to Buy a break of 48.31 (stop at 46.56)
Short term bias has turned positive.
Posted a bullish Flag formation.
A break of 48.26 is needed to confirm the outlook.
A break of the recent high at 48.26 should result in a further move higher.
Short term momentum is bullish.
This stock has seen good sales growth.
The bias is to break to the upside.
Our profit targets will be 52.69 and 53.69
Resistance: 48.00 / 49.70 / 52.00
Support: 46.70 / 46.00 / 44.70
Disclaimer – Saxo Bank Group.
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