Dec. 25 at 1:26 PM
Actionable Trade Alert for
$PFE:
Market Context:
$PFE is currently trading at
$25.03, with an RSI of 41.97 indicating a potential oversold condition. The stock is below its 30-day moving average (MA30) of
$25.42 and 50-day moving average (MA50) of
$25.09, suggesting bearish momentum. However, the 60-day high of
$27.69 presents a resistance level, while the low of
$23.91 indicates a support level.
Directional Bias: Given the RSI and proximity to the lower end of the 60-day range, there is potential for a rebound. A move above the MA30 could signal a bullish reversal.
Trade Plan:
- Suggested Entry:
$25.10 (above the current price to confirm upward momentum)
- Stop Loss:
$24.50 (to limit downside risk)
- Take Profit Targets:
1.
$25.80 (2.8% gain)
2.
$26.50 (5.9% gain)
3.
$27.00 (7.9% gain)
With the third target at
$27.00, this offers a potential ROI of 17% from the entry point.
For more insights, visit https://privateprofiteers.com.
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