$Pfizer (PFE.US)$ Tonight will be up session for PFE after selling yesterday. Below good news should boost the stock price. "China said it is evaluating U.S. overtures to initiate trade negotiations, potentially paving the way for the world’s two largest economies to start talks to resolve a trade war that has rumbled financial markets and cast a pall on global economic activity. Senior U.S. officials have reached out recently “through relevant parties multiple times,” hoping to start negotiation...
Deep Sea
OPorangejus
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Today tech stocks drop and PFE is going the opposite way. It could be due to delay in pharma tariffs and management earnings guidance for FY25 remains the same.
orangejus
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Pharma tariffs being unresolved should make you very cautious about pharma stocks atm. I’m long PFE, but the recent sharp pullback of what I considered a relatively safe stock has made me reconsider my thesis.
Deep Sea
OPorangejus
:
Below is the tariffs actively addressed by PFE management:
"In terms of the supply chain, Pfizer is proactively addressing potential pharmaceutical tariff risks in the USA by considering shifting some overseas production back domestically. With 10 existing manufacturing bases and 2 distribution centers, Pfizer has the supply chain resilience to adjust quickly, which is a positive signal for maintaining long-term operational stability."
$Pfizer (PFE.US)$ Tonight, the stock continues its upward momentum. Next resistance 24.28. Once it breaks the resistance, next hit point will be 24.46. It is waiting to break 60 EMA (24.40). The trend is up and bullish.
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Deep Sea
OP
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There is inflow for XL and L. Looks like funds continue to buy in PFE. Good sign.
$Pfizer (PFE.US)$ Big green candle. Next resistance is 24.10. Once it breaks the resistance, next hit point will be 24.28. The stock is trading above 5 EMA, 10 EMA and 20 EMA but below 60 EMA. The trend is up and bullish.
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Deep Sea
OP
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Can see some inflow for XL and L. Big players are buying into PFE.
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hawhwong : this share is not so interesting haha