And now let’s move to today’s stock of the day, which is Pfizer. We are looking at Pfizer on the daily chart, where a long-term technical structure is clearly visible. Since 2024, price has been trading inside a symmetric triangle formation, reflecting a prolonged phase of consolidation.
This structure tells us that volatility has been steadily decreasing, the trading range is narrowing, and price action has become increasingly compressed, particularly over the past few months. Such behavior typically precedes a stronger directional move, as the market approaches the apex of the triangle.
At this stage, Pfizer is close to the point where the market should be forced to choose direction. A decisive daily close above the upper boundary of the triangle would constitute a bullish breakout and act as an invitation to look for long positions. Conversely, a clear break below the lower boundary would invalidate the consolidation to the downside and generate a sell signal.
Until that breakout occurs, price remains neutral and range-bound. For now, Pfizer is a classic volatility compression setup, and patience is required. The next sustained move outside of the triangle will define the medium-term direction, making this stock one to watch very closely in the coming sessions.