PFE retested breakout. Whats? next

4 Oca 2022

If you look at my previous idea on PFE you'll see that I said pre would hit 60$ if it broke out and we did visit 60$ before pulling back to retest the breakout.

We close on 2 strong supports.. yellow lines ( channel) purpleline (Support).
Now tomorrow we have 2 paths, if we bounce our next leg up would be to 67$ or channel top.

If we break support that would be bad, and I think we'd immediately close the gap left behind at 52.85

MACD- bearish
RSI - Bearish

ALSO worth noting is our 21ema aligns with our purple support which adds more strength.

Let's see what happens

5 Oca 2022

Not

Has some really strong support (10yr resistance turn support) at 52.50.. If It bounces there cover your shorts and or go long