$Pfizer (PFE.US)$ Following the prediction and strategy on February 2, in the subsequent market progress, the price did not hit the level of 26.2+, but started to rebound at 26.52! However, this one percent error is clearly not luck, but a mistake! Looking back at the 30-minute chart on 12/15/2023, 26.58 was the upper limit of the central range on the 30-minute chart from 12/13 to 12/15, while Murphy actually took 26.23 in actual trading, which is the axis of that range! The trend must be perfect! It is inevitable that there will be the first rebound on the 30-minute level beyond the current upper limit of the range, and then determine in the subsequent trend whether it will extend upwards or consolidate downwards! The upper limit of the consolidating range downwards then serves as a secondary replenishment point, while the axis at 26.23 is the optimal intraday trading point and even a position for adding to positions in swing trading; this depends on individual style and strategy to choose between day trading or swing trading! Missing 26.52 is, of course, not waiting around, but acting with the trend. The level of 27.50 is the axis of the daily chart, and 28.02 is the highest point of the rebound from 26.52, thus establishing the selling range of 27.50 to 28.02! Within this range, Murphy first executed a trade at 27.53, of course, this position was not very precise, overslept and luckily was awakened by a call from a buddy to place a trade with groggy eyes, because without monitoring, couldn't hit the intraday high point, so immediately placed an order at 27.20 for replenishment hoping to make back the difference of not selling near the high point with a low point replenishment trade within the day, but on February 6th, even that day...
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$Pfizer (PFE.US)$ According to the trading notes of December 27, 2023, pfizer's trend and operation have basically been achieved! The last transaction to fill in the point in the article is at 26.7, with a price point of 26.2 after ex-dividend! Wait for a larger position to be filled at this point, because there is a price difference of approximately 0.6 to 0.8 dollars in the 30-minute rebound! If the second fall at 26.2 point does not break or even directly starts the reversal, there will be no new low of 25.38 (the prices mentioned are all post-ex-dividend prices in 2023), then the predicted new low before December 27, 2023 in the article will be excluded! Corresponding trading strategy should also be adjusted! Hold on to the bottom position, focus on buying in for profit taking during the rise segment retracement! This upward trend is expected to have a level-adjustment around 37 to 39! The adjustment range is between 33 and 34! So here, you can have a 30% position for swing trading, but the operation needs to be done in finer details within the sub-level segments! After completing the range oscillation, it will continue to trend upwards, reaching 45 to 48, then enter the adjustment range of 40 to 42, and then surge to 54 to 58 to end this round of upward trend! Then start the weekly and monthly level adjustment! At this point, the strategy will shift to intermediate adjustment for profit from rebound and price difference trading operation strategy!
The above is only personal trading notes and forward predictions! It does not constitute investment advice or opinions! Buying and selling are at your own risk!
The above is only personal trading notes and forward predictions! It does not constitute investment advice or opinions! Buying and selling are at your own risk!
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As the title suggests, during the expectations and process of interest rate hikes, US stocks may not necessarily fall. Any declines are only seen in industries highly sensitive to interest rates. Even the decline in the stocks of these industries is limited to a rapid bottoming out at the end of the rate hike cycle! Expectations during a rate cut cycle lead to rapid recovery and even new highs!
This is the basis of short-term trading based on human nature. Next, entering a rate cut cycle will not bring new highs to the stock market, but rather a rapid short-term adjustment until the end of the rate cut cycle. From a trading perspective, this is the exploitation of human nature and the necessity for low-cost capital entry! Therefore, institution's bullish stance brings about a stock market with 'buys' and 'sells,' the US dollar's weakness not leading to gold's strength. Instead, a similar trend appears between the US dollar and gold during the rate hike cycle! Both weaken together!
With the restructuring of the global industry chain and the capital restructuring after the US dollar's rate hike cycle, the trend indicates that the US economy will continue to improve, and corporate profits will further enhance! This is like the correction of history and the historical corrections, not simply repeating and deferring! This explains well why long-term trends are dependent on economic expectations!
All of this is achieved through the institutions' bold actions! However, to profit, one must understand the stages through which they use policy tools for hedging!
This is the basis of short-term trading based on human nature. Next, entering a rate cut cycle will not bring new highs to the stock market, but rather a rapid short-term adjustment until the end of the rate cut cycle. From a trading perspective, this is the exploitation of human nature and the necessity for low-cost capital entry! Therefore, institution's bullish stance brings about a stock market with 'buys' and 'sells,' the US dollar's weakness not leading to gold's strength. Instead, a similar trend appears between the US dollar and gold during the rate hike cycle! Both weaken together!
With the restructuring of the global industry chain and the capital restructuring after the US dollar's rate hike cycle, the trend indicates that the US economy will continue to improve, and corporate profits will further enhance! This is like the correction of history and the historical corrections, not simply repeating and deferring! This explains well why long-term trends are dependent on economic expectations!
All of this is achieved through the institutions' bold actions! However, to profit, one must understand the stages through which they use policy tools for hedging!
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$Pfizer (PFE.US)$ The weekly divergence pattern is starting to show, but there is still a possibility of deceptive lines. After all, it requires at least a daily trend to form a bottom trend! By examining the daily structure recursively, in order to create the weekly divergence pattern, it is necessary to follow a trend where it reaches 31 and then retraces back to 28.9. However, it is evident that there is a divergence between 28.3 and 28.9 at the 30-minute level, indicating a weakening buy/sell force. Therefore, the probability of directly retracing back to 28.9 near 31 on a daily basis is not high. Instead, it is necessary to retrace directly from the current 28.3 to 28.9 back to 27.3 to 26.7 to create a perfect trend before choosing an upward, downward, or sideways trend! If moving downwards, sell a portion from 28.3 to 28.6, set orders to buy back at 27.3 to 26.7, maintaining the same anticipated trading strategy! If the decline is not over, it will continue from the weak rebound at 25.7 up to 27.15 as mentioned earlier, then further decline to establish the lower limit at 24.9; and in the current scenario, if on the 30-minute level, there is a substantial volume to construct the 31-28.9 daily trend again, one should make a firm move near 31, and a retracement to 28.9 will be a more probable trend realization! This could potentially be the establishment of a new central trend, with a weekly bottom divergence and the emergence of large bullish candlesticks! Thus, the trading strategy should focus on repurchasing chips that surged from 28.3 to 28.6 within the new central range! The above is purely a personal trading journal and does not constitute investment advice or opinions! Trading decisions are at your own discretion! Profit and loss are your own responsibility!
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$Pfizer (PFE.US)$ 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!
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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