– Pfizer broke resistance level 25.50

– Likely to rise to resistance level 26.65

Pfizer recently broke the resistance area at the intersection of the resistance level 25.50 (which stopped previous correction A in July) and the 38.2% Fibonacci correction of the sharp downward impulse (1) from April.

The breakout this resistance zone accelerated the C-wave of the active ABC correction (2) from June.

Pfizer can be expected to rise further to the next resistance level 26.65 (forecast price for the completion of the active C-wave).