Smart Traders Go Short for a Big Gain

Beyond the futures markets, I run a series of stock trading services with the help of my team here at Traders Agency.

One of the services is called Smart Money Alerts, and it seeks to capitalize on my technical analysis of the stock market as well as individual specific stocks.

One of those stocks, Pfizer (PFE), just recently hit its target price for a nice gain on the short side, so I wanted to share that with you today.

So, let’s take a look at the chart and how it worked out…

Pfizer (PFE) Stock Shows the Way

Here’s how the chart was set up for Pfizer and the successful trade for the stock inside Smart Money Alerts

Pfizer (PFE) Price and Technical Analysis – Source: TradingView

Back on July 28, the trade for the mega drug and vaccine company hit its predicted limit for a nice gain. 

This is the sort of trade that we present and showcase inside our Watchlist for Smart Money Alerts.

Drug, health care and vaccine companies have been faring well recently as they are defensive stocks with stronger demand for their products and services. 

But we saw weakness ahead in PFE according to our research in Smart Money Alerts.

So, if you are seeking alternative stocks in challenging markets, check out Smart Money Alerts right here!

The Bottom Line

For more on the markets as well as trading education and trading ideas like this one, look for the next edition of Josh’s Daily Direction in your email inbox each and every trading day.

I’ll be bringing you more of my stock and futures contract trading tutorials as well as some additional trading ideas.

And if you know someone who’d love to make this a part of their daily trading routine, send them over to joshsdailydirection.com to get signed up!

Keep on trading,

P.S. I want to also draw your attention to the work being done by my colleague and expert stock trader Ross Givens. 

He has a great service called Stealth Trades that you need to know about. Recently, he has been presenting a series of potentially great trades in under-the-radar stocks.

To learn more, click here!

Josh Martinez

Josh Martinez

Josh Martinez is an elite Analyst who’s been actively trading the financial markets since 2011. He’s known as one the leading innovative traders in this industry due to his his cutting-edge strategies.

Josh first burst into the scene when he took an initial deposit investment of $500 and turned into over $39,000 in just under 2 years.
Josh’s trading articles have been featured in Your Trading Edge, The FX Street, Trader Planet, Forex Crunch, Trading Pub, and Equities.com.

In addition to trading, Joshua has also trained thousands of traders worldwide. His strategies and systems have helped others find success in the market

Leave a Reply

Your email address will not be published.

Stop wondering what direction the markets are headed! Sign up right now to get Josh’s Daily Direction straight to your inbox each morning before the trading day even begins. Best of all – it won’t cost you a dime.