$VRTX Reversing Off Upper Channel Limit

٢٠ يوليو ٢٠١٨

VRTX Vertex looking over-extended, reversing off the long term upper channel limit. Barring an earnings home run next week, expecting further price correction in the coming weeks and months.

Medium term target: $163.50
Long term target: $153.50 (lower channel support)



Earnings next week, 7/25










Note: Observation/opinion, not investment advice.