Technical Analysis Of Pfizer Inc.

By AAATrade of aaatrade.com

Tuesday, May 2, 2023 7:12 AM EST

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Today’s instrument is Pfizer Inc.’s stock traded on the NYSE exchange under the ticker PFE.

Looking at the PFE‘s chart, we can see that it has been in a downtrend as it was lastly traded at around $39.20.

Today it is announcing its quarterly earnings and if the market’s anticipation is positive, then it should rise towards its resistance level at around $40.30 and if it manages to pass that level then it could approach the next one at around $42. On the other hand, it could test its 52W low at around $38.30 and if it is not able to hold it above that level then it might reach a new 52W low.

(Click on image to enlarge)

AAATrade's Intraday Technical Analysis of Pfizer Inc. - 02/05/2023

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