Pfizer is almost to my $30 Target 1, will my Target 2 $31 Hit?

Pfizer (PFE) is approaching our initial target of $30 and shows potential to hit $31. The S&P 500 may form a short-term rally if it closes today above 5250, invalidating the 4-hour bearish piercing candle. If these conditions are met, Pfizer could reach $31, at which point I will shift to a hold or bearish stance.