By Tim - http://stockstobuy.org
The following is technical analysis of Pfizer Inc. (PFE) stock for August 24, 2010
Pfizer Inc. (PFE) Support & Resistance Levels - 8/24/10
Resistance Levels: $16.60, $17.40
Support Levels: $15.14, $15
http://stockcharts.com - Chart
Pfizer Inc. (PFE) recently reported a blowout earnings report and is holding up very well despite the stock market decline. From a technical point of view, Pfizer Inc. is still in a long term downtrend but will break out of this downtrend when the stock closes above $17.40. Pfizer will have support at the 50 day moving average located at $15.14 so any pull backs to that level would be a strong buy.
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