Updated
Sym Triangle ALXN
Pretty good looking triangle with 6 taps so far. Depending on mkt conditions it could go either way. The 200 being above and outside the triangle is a cause for concern though as it will add more resistance for an upside move. Would definitely need to see some volume coming into it.
Note
Breaking up with above average volume and closing above the 200sma. Looks like a good breakout. There are a fair number of possible resistance points above it.128
130
133.50
138
It has days where it can move 10pts.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.