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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 new level of support is at 34.01.
The stock has support at 34.06 and 31.52. If the stock breaks down through support at 34.06 then it will probably continue lower to 31.52. The stock has resistance at 35.72 and at 38.46. If the stock breaks up through resistance at 35.72 then it will probably continue higher to 38.46. The 200-day moving average is at 36.59. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (44.04).”
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