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Pfizer Inc. is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.

Pfizer Inc. is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of Pfizer Inc. to test 37.25 within the next 21 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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