Pfizer receives positive support - Analysis - 22-06-2021

Pfizer's stock (PFE) rose 1.57% in the last session after leaning on the support of the 50-day SMA, while also leaning on the upward short-term trend line, countered by negative signals from the RSI, which might curb future gains. 

Therefore we expect more gains for the stock, targeting the first resistance of 41.00, provided the support of 38.50 holds on.

Expected trend for today: Bullish