PFE is currently trading within what I consider a position-building zone.
Volume activity supports the potential for an upside move, while the MACD crossover is starting to turn positive, adding momentum confirmation.
The $28.76 level remains a key resistance. A successful breakout could open the way toward $31.00.
From there, I would expect a potential pullback to retest the previous resistance around $28.75 as support before the next move.
Key levels:
* Resistance: $28.76
* First target: $31.00
* Potential retest: $28.75
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