FX.co ★ Technical analysis of Pfizer for December 17, 2021

Pfizer is accelerating higher towards the Cup with Handle target at 83.34. We now see support at 55.70 that ideally will be able to protect the downside for a continuation higher towards the target at 83.34. That said, it will only be a break below support at 51.72 that will invalidate our bullish view and a run to the Cup with handle target.