In PFE
I think Pfizer is one of the legendary companies on the Stock Market; leader and financially strong. For this reason, after the big drop from $54, I was interested in analyzing it.
I bought PFE at $43, it fell to $39, and I decided to sell. Mistake... but it's part of the way. Then I bought again at $41.1 and now we are on a good path.
Because? Because in this lateralization that I point out, a good amount of volume entered (3/13) that makes me believe that the fall has been partially stopped. Furthermore, this stop occurs in the $40 area which was the precursor to the big push of July 2021.
The purple indicator at the bottom of the chart is called RSI, I sometimes use it as part of my buy decisions on Daily or Weekly charts...it looks good currently.
I have 44 stocks of PFE. I'm interested in holding PFE up to $49... after that... I'm Not Holding.
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