Stocks

Pfizer may rise to 33.20 - 33.90

2024-08-01

Our pivot point is at 29.6.

Our preference

The upside prevails as long as 29.6 is support.

Alternative scenario

Below 29.6, expect 28.6 and 27.9.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 29.416 and 28.714).

Supports and resistances

34.5 **

33.9 *

33.2 **

32.6

30.54 (USD-last)

30

29.6 **

28.6 *

27.9 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

Introduction to Tradingtop Site

Related Articles


Return to All Articles