PFIZER LTDUpdated Classic Rounding bottom
This can be a textbook example of rounding bottom.
If it consolidates around 5000 mark to create cup and handle pattern the breakout will be very powerful.
If it consolidates around 5000 mark to create cup and handle pattern the breakout will be very powerful.
Note
Handle under formation...Trade active
Breakout with decent volume.SL 4590
Target 5990
Trade closed: target reached
In a most unusual move the gap up opening at 5900 saw the selloff from the top and sell on news happened..
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.