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Worden Discussion Forum » Members » Tribefan

Profile: Tribefan
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User Name: Tribefan
Groups: Gold User, Member, TeleChart
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Joined: Friday, January 28, 2005
Last Visit: Saturday, July 21, 2007 4:53:08 PM
Number of Posts: 1
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Last 10 Posts
Topic: PFE: What's up with Pfizer?
Posted: Tuesday, February 1, 2005 3:52:22 PM
PFE looks terriblein many respects:
1. A 6 bar moving average on the MS (to remove volatility) shows a steady downward trend.
2. On a weekly chart, PFE has been moving steadily downward since last June.
3. There is no positive volume to indicate that PFE is making any sort of turnaround.
4. it's obvious the analyst is lacking in technical analysis.