Pfizer may fall to 26.50 - 27.00

Our pivot point is at 29.8.

Our preference

Eye 27.

Alternative scenario

The upside breakout of 29.8 would call for 30.8 and 31.4.

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 stock is below its 20 day moving average (29.2375) but above its 50 day moving average (28.8828).

Supports and resistances

31.4 **

30.8 *

29.8 **

29.4

28.92 (USD-last)

27.6

27 **

26.5 *

25.9 **

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