Long
ALXN - reading to launch off of a H&S pattern
Alxn is a company with strong fundamentals in terms of revenue growth and margins. In addition it has a wealthy pipeline with more than 30 drugs in process testing.
It seems that we could potentially see around 200$ soon. A good risk/reward entry could be somewhere around the neck of the shoulder - $116, with a tight stop. The overall trend is still up, but the stock could test it one more time.
It seems that we could potentially see around 200$ soon. A good risk/reward entry could be somewhere around the neck of the shoulder - $116, with a tight stop. The overall trend is still up, but the stock could test it one more time.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.