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Pfizer (PFE) Bull Flag Forming Near Breakout Level

Pfizer (PFE) Bull Flag Forming Near Breakout Level

by | Jul 6, 2022 | Chart SetUps

Pfizer (PFE) shares have been flagging the past week after a sharp rebound off June lows and now back above YTD VWAP near 51.50 and pushing up to a trendline and top of monthly value at 53.25. A break above that can likely take the stock to 56 with a stretch target at the naked VPOC overhead at 58.69. The weekly MACD also crossing up bullishly this week showing larger timeframe in alignment.