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Tuesday, 03/12/2019 12:36:00 PM

Tuesday, March 12, 2019 12:36:00 PM

Post# of 6079
Pfizer Inc $PFE Has A Cold, Watch This Trade Level

Since March 1, 2019, leading pharmaceutical giant, Pfizer Inc (NYSE:PFE), has been selling off on the charts. The stock is now testing its 200-day moving average around the $41.50 area. Traders should note that if the stock breaks its recent low at $40.34 it would signal another move lower in the shares. The next important support level for PFE stock will be around the $37.80 level. This area should be defended when it is initially tested as it is the 100-weekly moving average and an area where PFE stock broke out in late July 2018.



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