An update on one that hasn’t worked -
No one is buying PFE 0.00%↑ in this environment. And that’s more or less the reason for keeping an eye on this one.
PFE 0.00%↑ is possibly putting in a top here, at which point we’re likely to see a break through $25 to new 52 week lows. But if it’s not, this gap range would be a logical place to see a bounce occur. If it does, it provides a good level for risk managing the long trade. It’s worth noting that PFE 0.00%↑ currently sits within cents of its COVID low.