Rounding Bottom Complete
Cup and Handle Formation (Reversal)
After longtime of Consolidation and Correction
TGT : Previous all time high of 5900.
Suggestion: Buy at current levels in a staggered manner for handsome return. (Term: 15-45 days)
Pfizer has formed a Cup and Handle formation. Company is fairly good. Given the uptrend in pharma industries due to COVID and pfizer being an MNC, its a good trade to take if the BREAKOUT has been confirmed with daily candle closing above 5240.
Even in this bear markets some stocks try to move Northside - Here this is one - I personally assume. Market never minds our thoughts, It will do what it wants.
So, Please understand that never trade without self analysis. This view is only for your observation. Remember Neither your loss or Profit binds me. Do proper study
before an act.