Antony_NPBFX
NPBFX Representative (unconfirmed)
- Messages
- 1,099
Pfizer Inc.: technical analysis 28.06.2023
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 correcting at 36.50.
On the daily chart, the price is moving within a global downward channel with dynamic boundaries of 40.00–34.60.
On the four-hour chart, the downside potential remains high, as evidenced by the recent sharp decline with the price gap of 38.25–37.00. The downward dynamics are confirmed as the asset is close to the year’s low of 36.50, which, most likely, will be broken soon.
Technical indicators reinforce the sell signal: fast EMAs on the Alligator indicator have crossed the signal line downwards, and the AO histogram is forming downward bars in the sell zone.
Trading tips
Short positions may be opened after the price drops and consolidates below 35.70 with the target at 33.00. Stop loss – 36.70. Implementation period: 7 days or more.
Long positions may be opened after a reversal, growth, and consolidation of the price above 37.70 with the target at 40.30. Stop loss — 37.00.
Use more opportunities of the NPBFX analytical portal: E-book
If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.
You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register 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 correcting at 36.50.
On the daily chart, the price is moving within a global downward channel with dynamic boundaries of 40.00–34.60.
On the four-hour chart, the downside potential remains high, as evidenced by the recent sharp decline with the price gap of 38.25–37.00. The downward dynamics are confirmed as the asset is close to the year’s low of 36.50, which, most likely, will be broken soon.
Technical indicators reinforce the sell signal: fast EMAs on the Alligator indicator have crossed the signal line downwards, and the AO histogram is forming downward bars in the sell zone.
Trading tips
Short positions may be opened after the price drops and consolidates below 35.70 with the target at 33.00. Stop loss – 36.70. Implementation period: 7 days or more.
Long positions may be opened after a reversal, growth, and consolidation of the price above 37.70 with the target at 40.30. Stop loss — 37.00.
Use more opportunities of the NPBFX analytical portal: E-book
If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.
You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register 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.