Pfizer may fall to 24.90 - 25.50

Our pivot point stands at 29.1.

Our preference

Target 25.5.

Alternative scenario

The upside breakout of 29.1 would call for 30.2 and 30.9.

Comment

The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is below its 20 day moving average (28.5275) but above its 50 day moving average (27.5182).

Supports and resistances

30.9 **

30.2 *

29.1 **

28.6

27.53 (USD-last)

26.1

25.5 **

24.9 *

24.2 **

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