Pfizer shares target growth

10 August 2022 395
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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.

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

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