The Long Investor
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$PFE - TOP 10 -
🕑 Added 2025-04-30 09:59:36 +0000 UTC$PFE reported earnings yesterday and although it wasn't clean (revenue slight miss by -1.5%) it was still better than expected and the strong pull back leading up to earnings is likely factored in now.
We added at $21 and the price is testing $24 now in the PM, so we are happy with our buy entry and the impulse wave forming.
Like I said in the last update, the 1.618 Fib aligning at the blue support line is important, I believe the price will move to this level to complete Subwave 3 and then pull back for Subwave 4 as shown.
Completing this subwave count will be a +30% gain, something I would be happy with, but I will look at adding once the blue line is converted back to support, this will likely be after the subwave 5 is complete and we get an ABC pull back.
Comments
Magopool
higher low forming on the 0.5 fib retracement level ?
