Good risk reward on the technical side. Looking at the $16 price target. Potential to go higher on break.
More optimistic over 1/1 Gann fan, bullish over 2/1 and back into channel and above resistance. Overall nice medium term reversal pattern.
Teva's earnings May 7th - www.sec.gov Weekly chart is flashing buy signals with the 50SMA Crossing back under the price. Unknowns: COVID-19 impact on TEVA earnings Decision - Wait until after earnings to get in, still to many unknowns. The reason I like TEVA : Possible Turn-around play, looking for teva to turn net-loss to net-profit in the coming years if...
Looking for next leg in channel to fill gap and more news surrounding the COVID-19 Drug by Sanofi - With Pumper Trump having holdings here. I see this moving to target www.marketwatch.com
TEVA shares are popping to start off the week as the company gets into the middle of the chloroquine emphasis to battle the COVID-19 outbreak. The longer-term picture is defined by the potential for fresh momentum after successfully holding key support.
It couldn't' break first fibonacci level and rsi 50. It is going down for double bottom?
In my experience trendly / volatile stocks have a tendency to have significant long term reversals from wedges and general downtrendline breaks. Extremely interested to see where this goes, if it does end up breaking out bullishly. Company could begin a new bull run, or simply reach target and mean revert.
I'm not gonna explain the fundamental data of the company for a long time, but I will say briefly that if you look at the dynamics of changes in the company's data, you can see a stable growth of the EPS indicators and a gradual moving towards a positive P&L. It is also indicative that with the huge fall of markets last week, the company did not “fly down” after...
The chart depicts a classic cup and handle formation. Place a stop buy order slightly above the upper trend line of the handle. There is a risk of missing the trade if the price continues to advance and does not pull back. TEVA is still undervalued compared to fair value - they reported positive drug trial data in Japan, and had a nice breakout this week. gl!
Golden cross was made, broke strong resistens and closed over 9.45 ish ( closed over 10 ) RSI over 0,50 ( higher highs - higher lows ) bullish engulfing was made yesterday daily timeframe I opened a buy Open : 10,05 SL : 09,50 TP : 12,00 im new here and this is my 2 end post - please do say your opinion
Hi, today we are going to talk about Teva Pharmaceutical Industries and its current landscape. The opioid crisis has been plaguing the U.S at the most for nearly two years now. With scary numbers like the record of 47,600* overdose deaths caused by opioids in 2017 but the number seems to start slowdown since 2018 were the war against opioids gained some...
* It looks like the company starts to recover. * The company is traded undervalued. * Looks like a good point to buy. * Trend has changed to bullish
After years of going from top-left to bottom-right, there was a Double Bottom bounce with an Ascending Triangle currently sitting at the top of bounce. NASDAQ pre-market volume is quite nice, and the weekly volume has been consistent with price movement direction. The weekly EMA and SMA are moving from vertical to horizontal, the last three weekly candles are...
Teva creates a nice oppurtunity for a long trade. Two days ago was moving almost 20 percent upward when it reached and published a fine settelment. I'm going to monitor that deal with a very close stop-loss because it is still being manipulated, what makes it a bit risky.