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PFIZER INC
(PFE-NYSE):
Technical Viewpoint: From a low
of $31.51 on Jun 14, 1999 prices
rallied, reaching a
high of $40.31
on Jul 1, 1999. A
decline saw prices pull back, reaching a
low of
$32.31 on Aug 10, 1999.
Another rally saw prices penetrate
resistance, closing 8/20/99
at $36.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 20, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $35.00. Resistance: Is at $38 3/4.
Point & Figure: Reversed to the upside on Aug 20, 1999. A P&F upside
reversal takes place at $34.00. Summary: Technical indicators have turned bullish. BUY! PFIZER INC
(PFE-NYSE) @ $37 1/4 Stop: Use a protective stop of $35 1/8.
PFIZER INC is currently trading @ $36.94 plus $1.69 on Aug 20, 1999. Price Objective:
$56.00. Risk/Reward: $2 1/8 VS. $18 3/4. Today's Risk Reward Ratio: 9:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$56.00
Risk/Reward:
$2 1/8 VS. $18 3/4
Risk/Reward Ratio:
9:1
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