TEVA: Potential monthly bottom spotted

アップデート済
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
ノート
This is looking like a bull trap for now, but I'm willing to let it move for a while longer.

スナップショット
ノート
I like how it's acting overall, I will average in until I have a full position.
ノート
スナップショット

Weak action, underperforming the market and the sector...I'll wait for the monthly downtrend expiration to reenter longs. Also, watching it after earnings.
手動でトレードを終了しました
ノート
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: スナップショット

Stop: 28.98
トレード稼働中
ノート
スナップショット

Bottom's in...monthly downtrend expires now. Expect a 9 month rally now!
ノート
TEVA スナップショット
手動でトレードを終了しました
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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.
ノート
Entered a bit after the open...

From my signals group:
"Buy a 7% position in TEVA, stop at 28.57 スナップショット

Seems like we nailed this one guys, let's see how it evolves to add on dips - TEVA chart スナップショット "
ノート
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ノート
I will reenter this trade tomorrow, ideally on dips.

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AMGNbiotechIBBkeyhiddenlevelsPGrgmovTEVAtimeatmodetimwest

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