To continue from my previous thread from a while back.
PFE did top out at fib confluence area and it appears to be a blow off top that should lead to a higher degree correction / collapse.
Will see how it reacts to the 50WMA and lower channel trendline but I am expecting it to at hit the 200WMA at least and I think it may well get as low as $22
Not advice.
PFE did top out at fib confluence area and it appears to be a blow off top that should lead to a higher degree correction / collapse.
Will see how it reacts to the 50WMA and lower channel trendline but I am expecting it to at hit the 200WMA at least and I think it may well get as low as $22
Not advice.
Note
PFE accelerating to the downstone and rejecting from the 200DMA with a wick - currently a gravestone doji showing heavy short pressure coming in. I'll just hold this short as others and come back in a few months i think- looks like much more downside to come even if it bounces.Note
Took a while but heading into the real bear market now.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.