This one is perhaps nicer than PD, it comes from $35, earns 20% and trades at a P/E of 3.7, all of which is meaningless if not for the chart. We have a nice triangle, that may or may not actually be one but nevertheless has that shape and consequently will have some of the same properties. Not sure if the last leg might not need one more small low- the RSI (relative strength indicator) suggests not. Buy it anywhere here and a move to $10-11 is pretty certain
On Feb 10, see my previous comments on PFE, I suggested we should continue down to the line which was just a little under $13. We made a low of $12.50 and that implies that we are at the buy point. See RSI, MACD and OBV as well. They are all supporting this view . $15 is minimum and $17 very probable. Keep taking those pills.
A little while ago I recommended getting out of Cat if you owned it and suggested a target of about $26. We hit $24.15 today and this could now count as a completed 5 wave down. If short I would by it back here, going long might not be bad either but I would do so with options.
If you are long the stock we now have a little break-out after a gap and we are at the moving average (short-term) Putting the gap in the middle suggests $38, close to my original target of $37. A 38% move would be about $10 added to the low of say $26 gives $36. Using my 30% rule suggest $34. If you are very nervous sell now!, we may get a little while of sideways movement before it goes higher.