Pfizer tries to regain footing - Analysis - 05-08-2020

Pfizer's stock rose 0.10% in the last session amid the dominance of the upward medium-term trend, with support from the 50-day SMA, countered with negative signals from the RSI. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 40.90, provided the resistance of 38.94 was breached. 

Expected trend for today: Bullish