Stocks

Pfizer may fall to 24.50 - 25.20

2024-06-22

Our pivot point stands at 28.9.

Our preference

Eye 25.2.

Alternative scenario

The upside breakout of 28.9 would call for 30 and 30.7.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is below its 20 day moving average (28.3475) but above its 50 day moving average (27.5604).

Supports and resistances

30.7 **

30 *

28.9 **

28.4

27.74 (USD-last)

25.8

25.2 **

24.5 *

23.9 **

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

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