The breakout of Pfizer Inc. through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of Pfizer Inc. to test 46.22 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, Pfizer Inc. has finally broken through. Can we expect a bearish trend to follow?
