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

2020-10-16 09:23:14 GMT (Economies.com)
 

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 

 
 
 
  Symbol Last Change Chg.%
1.1833
0.0054
0.4589%
1.3024
0.0037
0.2830%
Tadawul
8154.59
-312.66
3.69%
24.294
-0.480
1.938%
39.060
-1.883
4.598%
41.77
-0.87
2.04%
1897.385
-14.630
0.765%
 
 
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