TEVA: Potential monthly bottom spotted

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

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

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

Stop: 28.98
Dagangan aktif
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syot kilat

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

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.
Nota
Entered a bit after the open...

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

Seems like we nailed this one guys, let's see how it evolves to add on dips - TEVA chart syot kilat "
Nota
syot kilat
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I will reenter this trade tomorrow, ideally on dips.

syot kilat
AMGNbiotechIBBkeyhiddenlevelsPGrgmovTEVAtimeatmodetimwest

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