Pfizer shares target growth

10 August 2022 184
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Pfizer stocks have been trading near support at 49 since late July and early August.


However, 5 doji stars in a row clearly suggest a price reversal to move upwards.


In addition to that, the price touched the lower Bollinger Band. Combined with a positive AD indicator, this is a good signal for the reversal.


Another plus in the shares growth is the company's results for the third quarter, which exceeded analysts' expectations.

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