Pfizer may fall to 26.30 - 26.80

29.2 is our pivot point.

Our preference

The downside prevails as long as 29.2 is resistance.

Alternative scenario

Above 29.2, look for 30 and 30.5.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 29.2445 and 29.2362).

Supports and resistances

30.5 **

30 *

29.2 **

28.9

28.34 (USD-last)

27.3

26.8 **

26.3 *

25.8 **

Number of asterisks represents the strength of support and resistance levels.