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Pfizer Inc. Message Board

  • thetechtraderca thetechtraderca Apr 11, 2013 7:52 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on PFE at TheTechTrader site noting: Pfizer Inc. (PFE), on some positive cancer-drug news, exploded 2.78 to 29.92, or less than 1%, on 41 million shares. Looking at the overall pattern, in the last 18 months this stock has gone from the 17 range all the way up to the high at 30 on Wednesday. The long-term chart indicates some lateral resistance in this zone, so the short-term target is set at 31-32. If that is taken out, the next target is around 35, and beyond that, look for something in the 38 1/2 zone. It has a nice angle of ascent. It’s not a big beta stock, but it has a nice long-term pattern.

 
PFE
34.56-0.19(-0.55%)Jun 1 4:00 PMEDT