Antony_NPBFX
NPBFX Representative (unconfirmed)
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Pfizer Inc.: technical analysis 16.08.2023
Good afternoon, dear forum visitors!
NPBFX offers the latest release of analytics on Pfizer Inc. for a better understanding of the current market situation and more efficient trading.
Shares of Pfizer Inc., the largest US pharmaceutical company, are adjusting at 35.40.
On the daily chart, the price is trading in a global downward channel with dynamic boundaries 37.30–31.50, approaching the resistance line.
On the four-hour chart, the potential for strengthening the upward dynamics remains quite high, which is indicated by the appearance of a local Diamond reversal pattern with an implementation level around 36.00 and the price being close to the local high of July 25 at 37.00, which is likely to be broken soon.
Technical indicators are gradually strengthening the signal to open long positions: fast EMAs on the Alligator indicator are trading just above the signal line, and the AO oscillator histogram is forming upward bars in the buy zone.
Trading tips
Long positions may be opened after the consolidation above the local resistance level of 36.50 with the target at 40.00. Stop loss — 35.00. Implementation period: 7 days or more.
Short positions may be opened after the consolidation below the local support level of 34.00 with the target at 31.00. Stop loss — 35.00.
Use more opportunities of the NPBFX analytical portal: economic calendar
Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration on the NPBFX website.
If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.
Use the current recommendations of analysts on Pfizer Inc. and trade efficiently with NPBFX.
Good afternoon, dear forum visitors!
NPBFX offers the latest release of analytics on Pfizer Inc. for a better understanding of the current market situation and more efficient trading.
Shares of Pfizer Inc., the largest US pharmaceutical company, are adjusting at 35.40.
On the daily chart, the price is trading in a global downward channel with dynamic boundaries 37.30–31.50, approaching the resistance line.
On the four-hour chart, the potential for strengthening the upward dynamics remains quite high, which is indicated by the appearance of a local Diamond reversal pattern with an implementation level around 36.00 and the price being close to the local high of July 25 at 37.00, which is likely to be broken soon.
Technical indicators are gradually strengthening the signal to open long positions: fast EMAs on the Alligator indicator are trading just above the signal line, and the AO oscillator histogram is forming upward bars in the buy zone.

Trading tips
Long positions may be opened after the consolidation above the local resistance level of 36.50 with the target at 40.00. Stop loss — 35.00. Implementation period: 7 days or more.
Short positions may be opened after the consolidation below the local support level of 34.00 with the target at 31.00. Stop loss — 35.00.
Use more opportunities of the NPBFX analytical portal: economic calendar
Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration on the NPBFX website.
If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.
Use the current recommendations of analysts on Pfizer Inc. and trade efficiently with NPBFX.