The breakout of Pfizer Inc. through the 37.20 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Pfizer Inc. to test 36.47 within the next 9 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 37.20 numerous times, Pfizer Inc. has finally broken through. Can we expect a bearish trend to follow?
