PFE just raised its dividend On the chart it has been trending downward
as shown also by a down sloping anchored VWAP bands. Price is currently
sitting at long term support and two standard deviations below VWAP.
It appears to be ready to reverse from the deep undervalued area.
In confirmation, teh voume indicator shows moderate increased relative
volume compared with March. I see this as a good opportunity to enter
a swing long trade or investment. PFE has its increased dividend as a
hint to shareholders of increasing earnings also with the next generation of
COVID vaccines in the pipeline along with a diversified line of other
products. The only thing that will slow PFE down in federal legislation to
limit the retail MSRP prices of its products to all consumers including those
with no insurance and commercial coverage outside federal programs.
PFE is solid as a rock. I see the buy signal.
as shown also by a down sloping anchored VWAP bands. Price is currently
sitting at long term support and two standard deviations below VWAP.
It appears to be ready to reverse from the deep undervalued area.
In confirmation, teh voume indicator shows moderate increased relative
volume compared with March. I see this as a good opportunity to enter
a swing long trade or investment. PFE has its increased dividend as a
hint to shareholders of increasing earnings also with the next generation of
COVID vaccines in the pipeline along with a diversified line of other
products. The only thing that will slow PFE down in federal legislation to
limit the retail MSRP prices of its products to all consumers including those
with no insurance and commercial coverage outside federal programs.
PFE is solid as a rock. I see the buy signal.