Pfizer exhausts positive chances - Analysis - 16-10-2020

Economies.com
2020-10-16 09:23AM UTC

Pfizer's stock (PFE) fell 0.84% in the last session after touching the resistance of the 50-day SMA, with negative signals from the RSI, leaning on the support of the upward medium-term trend line. 

 

Therefore we expect more losses for the stock, targeting the support of 34.65, provided it holds below the resistance of 36.65. 

 

Expected trend for today: Bearish 

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