Chart Patterns & Algorithmic Trader (Aug. 24, '20) (50)
PFE Inverse Head & Shoulders Pattern
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Pfizer Inc (PFE) is trading in a Inv. H&S Pattern on its daily chart. A Long
entry is entered when price closes above the neckline with a strong up
trend. Enter a long trade above $39.22 and place a stop below $35.41
($3.80). Targets are placed from $46.2 to $48.1 in target1 zone and from
$53.6 to $57.6 in target2 zone.
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