Pfizer receives positive support - Analysis - 26-07-2019

Pfizer's stock fell on Friday to lean on the support of the upward short-term trend line, bouncing back higher and turning losses to gains, while shaking off pressure from the 50-day SMA. 

Therefore we expect the stock to rise in the short term, as long as the support of 42.41 holds on, targeting the resistance of 43.70. 

Expected trend for today: Bullish