Pfizer fails to continue growth

30 may 2022 68
Ivan__Titov
Ivan__Titov

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3rd in the segment "Indices"
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The rebound of the US market continues, but Pfizer shares are not particularly eager to participate in the general movement. However, Pfizer did not have such a significant drop as the stock indices, so the upside potential is much less.

 

The wave of growth last week ended with the formation of a number of signs of a downward reversal: patterns the "shooting star" and "evening star" formed on the chart. In addition, the RSI has reversed and is preparing to move down from the overbought zone.

 

The purpose of the "bears" will be to move down to the important level 51.

Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
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