Pfizer - An Update
$PFE
I last wrote about PFE 0.00%↑ last July, and the setup never materialized.
PFE 0.00%↑ is up just under 15% since a mid December bottom at a familiar price level (horizontal blue line), support by quite a bit of volume on the move. The grey shaded bars on the right side signify overhead supply, and could represent a range where congestion/consolidation might occur. But this looks like a good early year setup, particularly given the downside price target just below.
