Pharmaceutical Giant Rallies and Pulls Back. Check out this Technical Analysis.

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Pfizer has bounced in March after two negative months, and now it’s having a quick pullback.

The first pattern on today’s chart is the 50-day moving average, which PFE recently crossed above. Other times the pharmaceutical giant moved over (or under) this MA were followed by continuation higher (or lower). For example, last September, November and …

For more, please click here to view the related idea and chart analysis on TradingView.

Pfizer (PFE), daily chart with selected patterns and indicators, courtesy of TradingView.
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