Pfizer is one of the three top competitors in the Covid Vaccine race. They've already been approved and are beeing administered across the nation, meaning they are bound to go up.
But aside from that, on the technical analysis aspect, strong divergence on the 4 hour, hour, and 30 minute time frames. Along with a trend line breaking on Friday at $34.72. The pull back downward can continue to the trend line tap, then continue up to/through the support resistance zones.
I'm still learning how to trade options, but the price will at most reach $35.36, giving a strong signal to Buy a Call.
But aside from that, on the technical analysis aspect, strong divergence on the 4 hour, hour, and 30 minute time frames. Along with a trend line breaking on Friday at $34.72. The pull back downward can continue to the trend line tap, then continue up to/through the support resistance zones.
I'm still learning how to trade options, but the price will at most reach $35.36, giving a strong signal to Buy a Call.