Three signals for Pfizer’s decrease

12 April 2022 563
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On the evening chart of Pfizer, there are three bearish patterns "Doji star" and "evening star" which have appeared near the resistance of 55.5.

Also, the blue line of the Stochastic indicator has crossed the red line from up to down in the overbought zone, and this means the reversal of price movement.

This means, according to technical analysis the decrease of Pfizer to the point of 51 or, maybe, 45.5 is quite possible.

This content is for informational purposes only and is not intended to be investing advice.

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