Nov. 21 at 2:12 AM
$PFE is currently trading at
$24.42, below both the 30-day moving average (MA30) of
$24.75 and the 50-day moving average (MA50) of
$24.82, indicating a bearish trend. The RSI at 47.69 suggests that the stock is neither overbought nor oversold, reflecting indecision in the market. The 60-day high of
$27.69 and low of
$23.58 indicates a range that could provide resistance and support levels.
Directional bias leans bearish due to the current price being below key moving averages. Suggested entry point is
$24.30, slightly below the last close to confirm a potential bounce off the low end of the range. Set a stop-loss at
$23.50 to manage risk. Target 1 is
$25.00, just above the MA30, and Target 2 is
$25.50, aligning with a potential recovery towards the high end of the recent range.
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