Monday, January 28, 2019 12:08:08 PM
One leading pharmaceutical stock that is starting to look attractive is Pfizer Inc (NYSE:PFE). This pharma giant peaked out on December 4, 2018 at $46.47 a share. Today, the stock is trading lower by 0.76 to $39.89 a share. Currently, PFE stock is trading below its 200-day moving average which signals near term weakness. The next key support area that I'm watching for PFE stock will be around the $38.00 level. This important support level was where the stock broke out late July 2018. One of my favorite strategies is to look for stocks that are trading back into their prior break-out levels. The institutional money is usually there to support and defend the equity.
Nick Santiago
InTheMoneyStocks
Recent PFE News
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
