CFD Trading – Buy Pfizer Inc. (PFE.NYS) @ $52.45. Stop @ $50.50 and Target @ $56.05

Pfizer Inc Stock Code PFE.NYS

Price broke and closed above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion line and Base lines had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD is bearish but is moving higher and could turn bullish in the next few sessions. If price is able to stay above the cloud, it could be heading towards the next resistance point at $56.09.

$52.45 Buy
$56.05 Price Target
$50.50 Risk Management Stop
3 weeks Trade Duration

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