Pfizer may rise to 30.30 - 31.00

Our pivot point stands at 26.7.

Our preference

Our next up target stands at 30.3.

Alternative scenario

The downside breakout of 26.7 would call for 25.5 and 24.8.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the stock is above its 20 and 50 day moving average (respectively at 27.877 and 27.952).

Supports and resistances

31.7 **

31 *

30.3 **

29.5

28.05 (USD-last)

27.2

26.7 **

25.5 *

24.8 **

Number of asterisks represents the strength of support and resistance levels.