From my perspective, PFE is at the bottom of a trend channel which began in mid-July, bounced off of it in mid-Oct, again in mid-Nov and mid-Dec. It has also held just above it's 50-day moving average, currently at 17.97. Looks like it's going to bounce pretty nicely from its current level. On the P&F chart, PFE is working off of a double top breakout on May 13th. Gotta be bullish on this one.
For what it's worth,
RFH
--- In ConservativeOptionS
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> PFE broke the $18.20 barrier even with div increase. wonder how far if it will drop
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> --- On Thu, 12/31/09, Randy Harmelink <rharmelink@
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> From: Randy Harmelink <rharmelink@
> Subject: Re: [ConservativeOption
> To: ConservativeOptionS
> Date: Thursday, December 31, 2009, 11:26 AM
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> Â
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> Still significantly lower than it was a year ago, when they cut it in half. I'm not sure many will forget that bonehead move.
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> On Thu, Dec 31, 2009 at 6:28 AM, Vandollar <mercdesdrvr@ yahoo.com> wrote:
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> See they raised their div, should help the price stablize
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