Pfizer Inc. Message Board

Search
Current Board
All Boards
Advanced Search
  • Subject Message Body
  • Topics Only Topics And Messages
  • fizrwinnr11 fizrwinnr11 • Feb 8, 2013 1:24 AM Flag

    First RSI close below 60 in 2013

    RSI fell by another 6.4 points today to close at 55.7. It ends a remarkable five-week run where RSI closed every session in a very high range between 61.8 and 73.9.

    I now see the stock as being in what should be a prolonged trading range from the high 25's to the high 27's. Generally when Pfizer rallies to the extent that it did between mid-November and the end of January, it spends the next three months or so doing very little additional on the upside.

    However, with the stock now over 10% away from my revised one-year target price of $31, I am changing my long-term sentiment from hold back to buy.

    Sentiment: Buy

    Sort:  Newest  |  Oldest  |  Most Replied Expand all replies
    • f_panzera f_panzera • Feb 8, 2013 10:04 PM Flag

      This is the case with about every stock in the market. They are all at or near historic RSI levels which is why I am on the sidelines. I sold PFE at $27.60 and will reenter under $25 for the next leg up toward $30. Good long term buy but have patience as it will come down ever more as will this market.

      Sentiment: Hold

    • cubicle_jackal cubicle_jackal • Feb 8, 2013 9:03 PM Flag

      If I get drunk and smoke a bunch of weed then have sex with my wife would we make a stock fortune teller too. Feel free to ask your mom for money to buy my June itm calls on Monday.

    • avatar616 avatar616 • Feb 8, 2013 7:34 PM Flag

      However, with the stock now over 10% away from my revised one-year target price of $31, I am changing my long-term sentiment from hold back to buy.
      ===========================
      a year + old prediction and still correcting your mistakes,LOL.
      you should have been a millionaire by now,LMAO.D rating in a classroom,the teach,LOL.

      Sentiment: Strong Sell

Back To Board
Previous topic Next topic
New Topic
 
PFE
29.400.24(+0.82%)Jun 18 4:00 PMEDT