Nov. 14 at 11:21 PM
$PFE is currently trading at
$25.06, with an RSI of 53.22 indicating neutral momentum. The price is above the 30-day moving average (MA30) of
$24.88 and the 50-day moving average (MA50) of
$24.79, suggesting a bullish bias in the short term. The recent 60-day high of
$27.69 presents a potential resistance level, while the 60-day low of
$23.58 serves as a support level.
Given the current market context, a suggested entry point would be around
$25.10, slightly above the last close to confirm upward momentum. A stop loss can be set at
$24.70 to limit potential losses. For targets, consider
$26.00 as the first target, aligning with a reasonable resistance level, and
$27.00 as a second target, approaching the 60-day high.
This plan leverages the current price action and technical indicators to capitalize on potential upward movement.
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