TEVA trade ideas
TEVA 12-04-2022 LongAsset and Time frame -TEVA,1W
Entry Price -10.24
Exit(Stop Loss) -9.77
Exit(Take Profit) -11.72
Technical Analysis - Price broke the down-trending line from the start of 2021 with decent volume and pattern, now, the price has retested the 100 Weekly MA, I added a Fibonacci line the latest weekly high and the price is adding some minor confluence because it fits with the weekly MA.
So, we have good volume, good pattern, good resistance/support break with acceleration, pretty much a good trade IMO, only reason not to take this trade is that I didn't give it enough room for a pullback,so for any of you looking for a safer entry, just wait for the 0.618 or 0.50 or 0.382 Fibonacci levels but remember, there's always some risk and no trade will ever be a perfect setup!
Good luck
TEVA Entry Price 8.67Expect price to retrace to 8.67. Enter at the 8.67 price area for a long position. A close above November 2021 Trend Line and Horizontal Support & Resistance Line indicates buying opportunities. Target Price is 10.26.
Long TEVA 27.12.21Asset and Time frame - Daily,4H
Entry Price - 8.52
Exit(Stop Loss) -9.18
Exit(Take Profit) -8.28
Technical Analysis - Price breached resistance level of 8.43 + the 4-hour chart 100MA, on the daily chart, the price made a nice hammer + confirmation candle with decent volume, price is inside a bearish channel and should hit the ceiling near the 100MA daily.
What can be improved -
Conclusion & End of Trade -
Teva Technical analysis 30-11-2021In this video i describe the Technical analysis for TEVA using the Daily chart.
teva buyteva buy .. we have head and shoulders .. buy after the break .. first target 9.47 ..... finally target 10.15 .. stoploss under the support level..
TEVA buyThis is simple trade
The moving average crossed over a few days ago signaling a buy and has remained there (I always wait a couple of days to confirm the trend)
My first target is the $11 resistance (a 9.5% move)
My second target is $ (nearly a 30% move)
It is possible to expect a little weakness over the next couple of days and pick it up below $10.
Good luck!
Teva Pharmaceutical Industries Ltd 🧙Headquartered in Israel, Teva Pharmaceutical is the largest generic drug manufacturer in the world. The company was formed in 1901 and has a portfolio of more than 3,500 medicines--roughly 1 out of 9 generic prescriptions in the U.S. is filled with a Teva product. The company also develops branded pharmaceuticals in the central nervous system, oncology, and respiratory categories. Teva's generic drug sales represent slightly over half of total revenue, with branded drug and distribution revenue making up the balance. Teva is an aggressive filer to bring generic drugs to market when brand patents expire and has the most generic products pending Food and Drug Administration approval.
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TEVA 09-04-2021 LongAsset and Time frame -TEVA,4H & Daily
Entry Price -11.03
Exit(Stop Loss) -10.75
Exit(Take Profit) -12.44
Technical Analysis - Price action is moving inside a daily confirmed tunnel + 100 MA as support,also Fibonacci C reaction ,a bit of a risky trade because of the close stop loss, but if it will be able to go back into the tunnel, the reward will be really good
TEVA LongHealthy correction after a great move upside it made at the very beginning of the year, now TEVA is ready for the next move after breaking resistance trend with a gap up.
My stop price is 9.89
TEVA - 10 or 9.50 CSP - #TheStratTeva has been trading within a range from March 1st low as you can see from the blue support line plotted. Looking for a reversal at this level be it a 2-2 or a 2-1-2.
Technical Confirmation: Staying above the March 1st low - Looking for confirmation of the reversal once support level is reached.
Trade Execution: 10 or 9.50 CSP. Provides additional room for error if reversal does not hold. Timeframe will be 1-2 weeks DTE
TEVA looks good to the upside!Showing the Monthly chart instead of the cup & handle pattern on the Daily. It has already gone up from the 'handle', but it seems there's still some upside to go on the longer term.
Taken a real beating since Jul'15 and price has bounced off $8 support. Momentum is strengthening as well, so that's a good sign.
Target profit 1 at $15-16, next resistance + 50MA
Target profit 2 at $25, but this is going to take a while, and depending on how the price action is if and when it reaches target profit 1.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Thanks!
Addition to short term viewBeforementioned shorter term view could also be a part of an even bigger cup / falling wedge breakout
Trampoline to the sky?!🪂Good day, traders🔥
There is one more interesting formation for you.
Ascending triangle on TEVA financial instrument.
Previous bearish trend was broken and now the price is in a consolidation.
It may be a good signal for trend to reverse, but don't rush, wait for the clear breakout.
Follow the chart and look for the breakout carefullly.
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