Updating Pfizer's Technical Condition

Updating Pfizer's Technical Condition
·2 min read

In this updated daily bar chart of PFE, below, we can see that PFE decided to hold around the $34 area in early March and has been creeping higher since. The On-Balance-Volume (OBV) line bottomed in March and turned upwards this month telling us that buyers of PFE have turned more aggressive. In this weekly bar chart of PFE, below, we can see that the longer-term picture of PFE is improving.