Alexion Pharmaceuticals: is Trading close to its trend line.
Alexion Pharmaceuticals Inc. finished last week with a closer step to its trend line, in blue, ending a second consecutive week in the red.
The pattern suggests that the trend is bearish. Only a breakthrough 179.9 will induce an inversion. If an inversion occurs the equity's aim will be 190.5, with 184.84 as a primary objective.
If the bearish market continues, 159.57 would be the equity's objective, with 165.10 as a primary objective.
Alexion Pharmaceuticals Inc.'s weekly Pivot Point is around 173.76. Its weekly support levels are around 167.32 and 162.71. Its weekly resistance levels are around 178.37 and 184.81.
tradingview.com/x/GklsATDu/
The pattern suggests that the trend is bearish. Only a breakthrough 179.9 will induce an inversion. If an inversion occurs the equity's aim will be 190.5, with 184.84 as a primary objective.
If the bearish market continues, 159.57 would be the equity's objective, with 165.10 as a primary objective.
Alexion Pharmaceuticals Inc.'s weekly Pivot Point is around 173.76. Its weekly support levels are around 167.32 and 162.71. Its weekly resistance levels are around 178.37 and 184.81.
tradingview.com/x/GklsATDu/
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