PFE was a recently posted short setup that bounced off the first significant support level shortly after breaking down from this bearish rising wedge pattern and is now offering an objective new short entry or add-on to an existing position as makes a back-test of the wedge from below. T2 is my preferred swing target [...]
PFE is one of the large pharmaceutical companies mentioned as a potential trade last night. A short entry would be triggered on a break below the rising wedge pattern. As the first key support level (and likely reaction point) is currently not far below the wedge, I have labeled it as S1 (support). However, that [...]
I've put together a comprehensive video analysis of the S&P 500 index including technical overviews on 22 of the largest components of the sector, similar to my recent $NDX/QQQ top 10 holdings video. I do have to warn you that at 39 minutes, this is my longest video yet. Therefore, this is my gift for [...]