Updated: Apr 13
Pfizer (NYSE: PFE) engages in the discovery, development, and manufacture of healthcare products specializes in medicines, vaccine, and consumer healthcare.
Currently trading at oversold level on its weekly stochastic indicator. The last time it hit this level on its weekly chart was in March 2020. If you agree to Mizuho Securities' assessment and target price of US$42*, then can check out the stock as its trading close to a channel support as well. Next support level @ US$30.
*Pls drop us a line for the Mizuho Securities report dated 3 Feb 2021
This is an opinion piece. Please always do your own due diligence on the company's fundamentals & assess if the Fundamental / Technical analysis opinions are applicable to your trading/investing needs.
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