Pattern: PFE broke out to the long side of the wedge on pretty decent volume.
Edge: The stock was in a squeeze (red dots in the Squeeze indcator) and the squeeze fired (green) the same day it broke out of the wedge. Healthcare stocks have been strong in this weak market, so we are looking for continued strength if the market stays weak, and even bigger strength if the market rebounds.
Risk Management: Entered at $44.86 with a stop loss below the 50 day moving average ($43.75). PT1 is the 1.272% extension and PT2 is the 1.618% extension from the high to the low of the wedge.
Edge: The stock was in a squeeze (red dots in the Squeeze indcator) and the squeeze fired (green) the same day it broke out of the wedge. Healthcare stocks have been strong in this weak market, so we are looking for continued strength if the market stays weak, and even bigger strength if the market rebounds.
Risk Management: Entered at $44.86 with a stop loss below the 50 day moving average ($43.75). PT1 is the 1.272% extension and PT2 is the 1.618% extension from the high to the low of the wedge.
거래청산: 스탑 닿음
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.