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Buydips

A Technical Analysis Look at TEVA Stock Any TEVA stock price falling on or below the hypothesized mean of $22.00, will signal the initiation of a buy order. On the other hand, any price rising above the hypothesized mean of $22.00 or within the range of $22.00 to $23.26 and above, will signal the initiation of a sell order. As of writing this Technical Indicator article, (November 5, 2018) the price of TEVA hit a low of $21.98, which is well within our target range of initiating a buy order. Therefore, if we had bought the stock at our hypothesized buy range of $22.00 or below, we would have made a nice profit of $0.85 (cents) per share because the stock closed at a $22.85 per share, a change of $0.26 (cents) per share, which is a 1.15% change for the day (November 5, 2018). Not only that, an early morning trade right after the market opened at 9:45 am would have given us a nice gain of $1.26 per share if we had followed our Mstardom Finance trading strategy of closing our long position or shorting the stock when it got to our range’s upper limit garget of $23.26. As soon as the price hit our $23.26 target, we would’ve had to exit the trade because in trading, greed causes traders to lose money, so as wise traders, we would’ve exited the trade several minutes before the stock got to its high point of $23.34. The Mstardom Finance community doesn’t care about a few extra pennies when we already got a sizable gain in our basket. The good thing is that this Mstardom Finance Trading Strategy is still relevant at the present time and in the not-so-distant future, once the hypothesized mean and the character of the TEVA stock stays the same. We are able to deduce such optimism because the stock has a very low volatility characteristic, based on our analytical assessment lend to us by our proprietary strategy. All we at Mstardom Finance cares about is helping the retail trader make money. So, when you hop over to Mstardom Finance, you will see articles, posts, and trading tools that provide the little retail trader with resources and information that will help him or her compete with the institutional or professional trader. This is what our upcoming trading book will be about, preventing the retail trader from being victims of the financial markets. Please click here to read the rest of the article, which includes a look at TEVA Fundamentals and how it has affected the movement of the stock Disclosure: (R) Mstardom Finance, Mstardom Finance does not provide investment advise.
NYSE:TEVA
by mstardom
QURE potential longQURE has been an extraordinarily strong performer since summer of last year, quintupling to $26+ a couple of weeks ago. The stock has since dropped a quick 20%. I plan to watch this tomorrow, and to buy on strength. My ultimate price target would be around $24, although I'd take first profit sooner. I like the fact that the company has a fair amount of cash in the bank, and no immediate need to dilute shareholders. But major catalysts are still a few months away, so I'd keep this on a short leash.
NASDAQ:QURE
by matthias
EURCHF: SNB JORDAN - EYE & BUY 1.05/8, 80% SEPT CUT, STRONG CHFSNB President T. Jordan comment highlights: - If Needed, Can Cut Rates Further - 50bps to 1.25% possible until negative rates turn less effective - €˜Big Concern€™ Over Significantly Overvalued CHF in 2016 risk-off dominated year - CHF 3m Libor prices 80% chance of a 25bps cut (-0.75 to -1.00%) within 3 months (was only 40% before brexit) - Low bond yields not ideal for foreign-reserve management - Swiss central bank president currently doesn’t see need to act/ adjust policy, despite risks - Survey shows CHF needs to rise to 1.05 before rate cut President T. Jordan G20 Quotes: 1. “We are monitoring the situation very carefully: what are the consequences for inflation and growth in Switzerland, what are our policy options,” 2. Regards to ECB/ BOE future policy - “The franc remains significantly overvalued, it’s a big concern for us.” 3. “The low level of interest rates is of course not ideal for foreign-currency reserve management, but monetary policy is expansionary everywhere,” Jordan said. “That’s an environment we can’t change and we have to adjust our investment policy accordingly.” 4. “There clearly are risks,” but “whether they materialize or not is not in the hand of Switzerland,” he said. “It depends on the decisions Europe will take and how strongly they will affect the global economy and financial markets” and “we hope, of course, that sensible decisions will be taken.” Trading strategy: 1. Looking at the 1.08 level it looks like there is some clear SNB defence of this level, which is consistent with the SNB's comments that they have intervened at this level in the past (e.g. brexit). - So an easy strategy is to buy any <1.08 dips, with a 1.088-1.09tp as it looks as if there is some consistent buying from the 1.08 level to the 1.09 level so take advantage of this trend , lower the better, as it certainly looks as if the SNB is engaging in intervention at this level and will continue to do so - even if not officially as in the past with the 1.20 level. 2. Bloomberg Poll see's a definite SNB 25bps cut if the EURCHF drifts to the 1.05 level - so beyond buying 1.08 dips with perhaps 1lot, i advise strongly buying 1.05 and less dips with say 2-4lots based on heavy FX intervention directly or rate based if we were to such low levels. TP can be placed at the 1.08-9 level still - In terms of cutting capacity, also polled by BBG showed that the SNB has room for another 50bps of cuts before its negative policy may turn counterproductive - so this strategy is sound for now.
Long
by QuantumLogicTrading