The movement of Pfizer Inc. towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 15 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Related Posts
A Channel Up has formed, TSLA is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
TSLA is moving towards a resistance line. Because we have seen it retrace from this line before, we…
PYPL heading towards a price it has tested 5 times in the recent past.
The price of PYPL in heading back to the resistance area. It is possible that it will struggle…
MSFT – breach of a trending resistance line that has been tested at least twice before.
MSFT moved through the resistance line of a Triangle at 438.46939393939397 on the 30 Minutes chart. This line…