Pfizer, Inc.
Long

$PFE | Allocation/Buy Trade | Market Exec |

166
Technical Confluences:
- Price is in Oversold Conditions in D1 timeframe
- Price action bouncing off 150% Fibo Extension
- Price is trying to go back above the Interest Zone to give some bullish momentum to the stock

Fundamental Confluences:
-Regardless how bad the negative rumours are ongoing about the side-effects from Pfizer; they are still considered a strong market leader in the Pharma industry
- They had a good response on a testing of their recent respiratory drug
- Value?

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Health sector in your Portfolio will never be wrong with the global aging population.

I am putting this trade on as either into my Long-Term Portfolio or Swing trade for $PFE.

Depending on how market develops, I may decide to hold this bag and allocate more into it at the 178% Fibo Extension levels or cut my Buy position as shown.

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