Pfizer returns higher - Analysis - 01-04-2021

Pfizer's stock (PFE) returned higher with a 0.33% profit amid the dominance of the upward correctional short-term wave, with positive support from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, while venting off overbought saturation out of it. 

Therefore we expect more gains for the stock, targeting the resistance of 37.25, provided the support of 35.45 holds on.

Expected trend for today: Bullish