Source: PaxForex Premium Analytics Portal, Technical Insight
Pfizer and BioNTech share positive early data on the leading mRNA candidate vaccine BNT162b2 against COVID-19. In a Phase 1 study in the U.S., 7 days after a second 30 µg dose, BNT162b2 induced SARS-CoV-2 neutralizing Mean Geometric Titers (GMTs) among young people (18-55 years) at 3, 8 times the GMT panel of 38 sera recovery patients with SARS-CoV-2 and in elderly people (65-85 years old) the candidate vaccine caused a GMT neutralizing 1.6 times the GMT panel of the same panel, demonstrating strong immunogenicity in young and elderly people.
Pfizer, H4
Pivot: 38.65
Analysis:
Provided that the asset is traded above 37.54, follow the recommendations below:
- Time frame: H4
- Recommendation: long position
- Entry point: 38.65
- Take Profit 1: 39.48
- Take Profit 2: 40.91
Alternative scenario:
In case of breakdown of the level 37.54, follow the recommendations below:
- Time frame: H4
- Recommendation: short position
- Entry point: 37.54
- Take Profit 1: 36.48
- Take Profit 2: 34.55
Comment:
RSI shows an uptrend during the day.
Key levels:
Resistance | Support |
42.55 | 37.54 |
40.91 | 36.48 |
39.48 | 34.55 |
Pfizer, D1
Pivot: 39.50
Analysis:
While the asset is traded above 36.91, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 39.50
- Take Profit 1: 42.25
- Take Profit 2: 44.51
Alternative scenario:
If the level 36.91 is broken-down, follow the recommendations below.
- Time frame: D1
- Recommendation: short position
- Entry point: 36.91
- Take Profit 1: 32.61
- Take Profit 2: 31.47
Comment:
RSI shows a medium-term uptrend.
Key levels:
Resistance | Support |
45.90 | 36.91 |
44.51 | 32.61 |
42.25 | 31.47 |
We also advise you to pay attention to Apple for intraday trading:
Pivot: 471.86
Analysis:
While the asset is traded above 465.40, follow the recommendations below:
- Time frame: H4
- Recommendation: long position
- Entry point: 471.86
- Take Profit 1: 479.00
- Take Profit 2: 482.40
Alternative scenario:
If the level 465.40 is broken-down, follow the recommendations below.
- Time frame: H4
- Recommendation: short position
- Entry point: 465.40
- Take Profit 1: 459.60
- Take Profit 2: 456.20