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PFE Following My Range Prediction

Written By: ChartChamp

November 8, 2024

In June I discussed how PFE is likely to trade within a range with a buy zone between $24 and $26.50. PFE is following this game plan, and I would continue buying between $24 and $26.50 until there’s a breakout. I don’t think healthcare stocks are too hot right now, I think investors are more interested in riskier tech stocks that have more explosive growth potential. Healthcare and EV stocks will have their time to rally, I think both of those sectors are undervalued but will take patience before they can see some upside.

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