TEVA: Potential monthly bottom spotted

업데이트됨
I'm entering longs here, averaging in gradually. I anticipate a monthly scale rally, back to 54.59 possibly, coming off a double bottom at key support, with an extremely low valuation, and positive news regarding breakthroughs in delaying drug metabolism.

Good luck!

Ivan Labrie
노트
This is looking like a bull trap for now, but I'm willing to let it move for a while longer.

스냅샷
노트
I like how it's acting overall, I will average in until I have a full position.
노트
스냅샷

Weak action, underperforming the market and the sector...I'll wait for the monthly downtrend expiration to reenter longs. Also, watching it after earnings.
매매 수동청산
노트
Up for the day after a smaller range bar, from the bar that prompted me to take my exit...I like it for a reentry here: 스냅샷

Stop: 28.98
액티브 트레이드
노트
스냅샷

Bottom's in...monthly downtrend expires now. Expect a 9 month rally now!
노트
TEVA 스냅샷
매매 수동청산
스냅샷

Waiting for earnings, reports before the open tomorrow. I would like to see what the guidance is, and if viable, go long once more. I am flat currently.
노트
Entered a bit after the open...

From my signals group:
"Buy a 7% position in TEVA, stop at 28.57 스냅샷

Seems like we nailed this one guys, let's see how it evolves to add on dips - TEVA chart 스냅샷 "
노트
스냅샷
노트
I will reenter this trade tomorrow, ideally on dips.

스냅샷
AMGNbiotechIBBkeyhiddenlevelsPGrgmovTEVAtimeatmodetimwest

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