Looking for a Short Swing Trade on PFE using the Daily Time Frame.Short Entry at $35.68 with Stop Loss above our Elliott Wave 4 Pivot at $37.80 and a Target Price of $33 in our Automated 5th Wave Target Zone. The Wave 4 has pulled back and found resistance in our Amber Zone. This represents an 80% probability that the stock will hit our Automated 5th Wave Target Zone at $33.
The False Breakout Stochastic denotes a strong bearish trend with Yellow dots in the oversold zone and then pulled back against those on the 4th wave and crossed in the overbought zone. There is a strong likely hood that the stochastic will want to return to those false breakout dots and move back into the oversold zone. Our Elliott Wave Oscillator also shows the Wave 4 pullback was within our prescribed pullback zone on the Oscillator.
All of these indicators that identify a high probability Elliott Wave 5th Wave move are part of our New Elliott Wave Indicator Suite for TradingView and you can watch a quick video tour >>>HERE<<<
"You Gotta Be In It, To Win It"
The False Breakout Stochastic denotes a strong bearish trend with Yellow dots in the oversold zone and then pulled back against those on the 4th wave and crossed in the overbought zone. There is a strong likely hood that the stochastic will want to return to those false breakout dots and move back into the oversold zone. Our Elliott Wave Oscillator also shows the Wave 4 pullback was within our prescribed pullback zone on the Oscillator.
All of these indicators that identify a high probability Elliott Wave 5th Wave move are part of our New Elliott Wave Indicator Suite for TradingView and you can watch a quick video tour >>>HERE<<<
"You Gotta Be In It, To Win It"
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