TEVA: Potential monthly bottom spotted

٦ أبريل ٢٠١٧

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

٧ أبريل ٢٠١٧

ملاحظة

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

٨ أبريل ٢٠١٧

ملاحظة

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

١٨ أبريل ٢٠١٧

ملاحظة

Weak action, underperforming the market and the sector...I'll wait for the monthly downtrend expiration to reenter longs. Also, watching it after earnings.

١٨ أبريل ٢٠١٧

تم إغلاق الصفقة يدويًا

٢٠ أبريل ٢٠١٧

ملاحظة

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:

Stop: 28.98

٢٠ أبريل ٢٠١٧

تم فتح الصفقة

٢ مايو ٢٠١٧

ملاحظة

Bottom's in...monthly downtrend expires now. Expect a 9 month rally now!

٢ مايو ٢٠١٧

ملاحظة

TEVA

١٠ مايو ٢٠١٧

تم إغلاق الصفقة يدويًا

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.

١١ مايو ٢٠١٧

ملاحظة

Entered a bit after the open...

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

Seems like we nailed this one guys, let's see how it evolves to add on dips - TEVA chart "

١٦ مايو ٢٠١٧

ملاحظة

٢٢ يونيو ٢٠١٧

ملاحظة

I will reenter this trade tomorrow, ideally on dips.