When the Price of (PFE) Talks, People Listen

March 09, 2024, 05:20 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PFE

• Buy PFE slightly over 26.37 target 28.1 stop loss @ 26.29 Details

The technical summary data tells us to buy PFE near 26.37 with an upside target of 28.1. This data also tells us to set a stop loss @ 26.29 to protect against excessive loss in case the stock begins to move against the trade. 26.37 is the first level of support below 27.22 , and by rule, any test of support is a buy signal. In this case, support 26.37 is being tested, a buy signal would exist.

• Short PFE slightly under 28.1, target 26.37, stop loss @ 28.18 Details

The technical summary data is suggesting a short of PFE as it gets near 28.1 with a downside target of 26.37. We should have a stop loss in place at 28.18though. 28.1 is the first level of resistance above 27.22, and by rule, any test of resistance is a short signal. In this case, if resistance 28.1 is being tested, a short signal would exist.

Swing Trading Plans for PFE

• Buy PFE slightly over 28.1, target n/a, Stop Loss @ 28.02 Details

If 28.1 begins to break higher, the technical summary data tells us to buy PFE just slightly over 28.1, with an upside target of n/a. The data also tells us to set a stop loss @ 28.02 in case the stock turns against the trade. 28.1 is the first level of resistance above 27.22, and by rule, any break above resistance is a buy signal. In this case, 28.1, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PFE slightly near 28.1, target 26.87, Stop Loss @ 28.18. Details

The technical summary data is suggesting a short of PFE if it tests 28.1 with a downside target of 26.87. We should have a stop loss in place at 28.18 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 28.1, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for PFE

• Buy PFE slightly over 27.46, target 28.1, Stop Loss @ 27.4 Details

If 27.46 begins to break higher, the technical summary data tells us to buy PFE just slightly over 27.46, with an upside target of 28.1. The data also tells us to set a stop loss @ 27.4 in case the stock turns against the trade. 27.46 is the first level of resistance above 27.22, and by rule, any break above resistance is a buy signal. In this case, 27.46, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PFE slightly near 27.46, target 26.87, Stop Loss @ 27.52. Details

The technical summary data is suggesting a short of PFE if it tests 27.46 with a downside target of 26.87. We should have a stop loss in place at 27.52 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 27.46, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Pfizer Inc. (PFE) available here: PFE.

PFE Ratings for March 09:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Weak
P1	0	0	24.55
P2	26.55	25.83	26.37
P3	27.46	26.87	28.1

AI Generated Signals for PFE

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Pfizer Inc. (NYSE: PFE) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for PFE can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.