I see a 5 waves move up finished at $61 on 20th December, fallowed by an A-B-C standard correction.
Using the guideline of equality A=C and the Trend Based Fibonacci extension Pfizer will drop till about 1 level or $41.
This has support as well from $41 OCT 2021 level which is also the W4 level in the previous impulse movement.
Disclaimer:
This is my analysis and does not constitute financial advice
For more analysis like this ON DEMAND please leave me a message.
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