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Pfizer Inc (PFE) “On a long-term technical basis, the stock (PFE) is trading below its 200-day moving average which generally implies it is in a negative trend. The stock has broken down through support at 33.41, so look for new support at 30.78.
The stock has support at 32.53 and 30.78. If the stock breaks down through support at 32.53 then it will probably continue lower to 30.78. The stock has resistance at 33.41 and at 36.04. If the stock breaks up through resistance at 33.41 then it will probably continue higher to 36.04. The 200-day moving average is at 36.59. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (14.73).”
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