A clean Descending Triangle often precedes a big move. Validate your entry.
Bearish continuation pattern.
Sideways movement between parallel supports.
Consolidation. Can break either way.
Bearish continuation if preceding move was down.
PFE is showing interesting structural developments at $25.85. Price has moved to $25.85 (0.25%) amidst recent volatility. The primary technical feature is a Bearish Flag formation. This setup is supported by average volume turnover. A potential breakout level is identified at $25.19, targeting $22.1 with support near $26.1 (R:R 3.4).
What is your outlook on PFE?