PFE ran up from $33 to $62 during the Days of Covid, but as that era has waned, so has the stock. The initial drop was from $62 to $45 in late February, followed by a 62% Wave 2 retracement to $56 in March and now, what looks like the beginning of a Wave 3 down to the low $40's. Today the shares are hard down breaking the Wave 2 trend channel, triggering the Sell: Sell Signal: PFE Option: Jun 17th $50P (2.40-2.50) Initial Targets: $40 Shares, $10 Put Stop 50% on Put.
