Pfizer falls after testing downward trend line - Analysis - 17-05-2019

Pfizer's stock fell in the intraday levels after testing the resistance of the downward correctional trend line, leaning on the support of the 50-day SMA, with positive signals from the RSI. 

We expect more losses for the stock, targeting the support of 40.25, as long as the resistance of 41.63 holds on. 

Expected trend for today: Bearish