$Pfizer (PFE.US)$ Market prediction: Currently, it is formin...
$Pfizer (PFE.US)$ Market prediction: Currently, it is forming the fourth downtrend center. 25.76 is the upper limit of the center range, while around 24.9 is the lower limit. The trend of building a new center this wave touches 25.76 and rebounds to around 28.3, basically reaching the target. Next, there will be another slight retracement to around 25.76 followed by a weak rebound to around 27.15, then it will continue to break below 25.76, forming the lower limit near 24.9 and initiating a rapid rebound! Afterwards, it will oscillate around the center! This position requires extreme caution, with a long bearish candlestick on the weekly K-line releasing a huge volume, while the weekly MACD histogram shows divergence, and the two lines are severely oversold! Therefore, this might be the construction of the final downtrend center! If judged correctly, the next thing to expect is a significant rebound or even a reversal of the market on the weekly chart! On the daily chart, the extension and expansion trend of the final center can be observed! The magnitude of the rebound should be around 12 dollars! Meanwhile, it is also time to enter the intraday gold period.
The above article is only for personal investment notes, kept for self-assessment testing purposes only, and does not constitute investment advice or opinions! Trading is at your own discretion, profits and losses are your responsibility!
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