Pfizer tries to shake off negative pressure - Analysis - 20-02-2019

Economies.com
2019-02-20 13:20PM UTC

Pfizer's stock rose 0.47% in the last session, or 0.20 points, while buoyed by a positive pattern that formed in the short term, the Falling Wedge pattern, with positive signals from the RSI, while trying to shake off negative pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, targeting the resistance of 43.70, as long as the support of 41.21 holds on. 

 

Expected trend for today: Bullish 

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