TEVA: Potential monthly bottom spotted

6 Nis 2017

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

7 Nis 2017

Not

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

8 Nis 2017

Not

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

18 Nis 2017

Not

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

18 Nis 2017

İşlem elle kapatılmış

20 Nis 2017

Not

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

20 Nis 2017

İşlem aktif

2 May 2017

Not

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

2 May 2017

Not

TEVA

10 May 2017

İşlem elle kapatılmış

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.

11 May 2017

Not

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 "

16 May 2017

Not

22 Haz 2017

Not

I will reenter this trade tomorrow, ideally on dips.