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$PFE - 3 Day Inside Bar - Broke out of Downward Channel
PFE has a 3 day inside bar after breaking and holding above trend resistance of the downward channel (see weekly chart).Hammer on 1/24 signaled the potential reversal.
Key resistance just above high on the mother candle. Will need to break that resistance for a continued uptrend.
As always, confirm the move. Interesting setup.
Options Flow shows only 53% Bullish, with 2/18 and 3/18 $55 Calls with the most volume.
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