TEVA - Broke the trendline and with this rate it goes to 0!TEVA is the best short as it has no life and at this point I believe it goes bust!
T1EV34 trade ideas
TEVA - Lower and Lower, almost everyday!TEVA has technical break down and textbook "Broken" stock.
Adding awful management of the company and earning, any pop should be sold.
I'm wondering if this Pharma Giant goes bankrupt pretty soon!
TEVA - Gap filled, no more upside in view?There is another opportunity to short TEVA for double bottom!
TEVA - Rinse and Repeat the $17.70 short!It worked well so far so if it's not broken you don't fix it!
TEVA - Range bound and forming a bear flag!Weakness (Moving up and reversing the gains) in $TEVA favors downside. Any pop above $17.70 is a shorting opportunity.
TEVA - Shorting opportunity between $17.70 and $18.30TEVA is moving higher, it is nothing more of OPTION EX shenanigan and it will come down by Friday!
TEVA - Another leg lower!Early morning Shorts covered and stock moved higher, since then it can't even retest the high of the day!
Super weak stock!!
It can easily see $13.5 monthly support within a week!
TEVA - Weakest stock in town!Tons of people loaded TEVA just because it is oversold. It can go lower and shorts are not covering!
TEVA - Range bound and uber bearish!TEVA is under heavy pressure and making lower lows / Lower highs.
Easily short the upper range of the channel and cover at the bottom!
TEVA - Quick scalp!TEVA shows extreme weakness everyday around 3:00 pm EST. It gives a quick shorting opportunity!
TEVA crash and the Median Line - Monthly The black lower parallel level on watch for support.
Very few hope left -probably- under that trendline.
TEVA, BAT Pattern before earningsWhen it comes to earnings, the direction is like Schroedinger's cat for me.
It's like pure gambling and I would more like to gamble in Vegas or Macau rather than the stock market,so I never try to predict the direction before earnings.
Like my last article a few moment earlier today, I like to react with the price action of the market, not figure out the good/bad of the earning report.
While, in addition to wait for a inside day after earnings, find a important spot before earnings and see how it reacts to the earnings is another trading idea.
TEVA has a BAT Pattern with a long entry near 28; (and it usually reacts HUGE on its earning day)
So my trading idea remains the same: waiting for a reversal sign around the 28 and try to long .
And a 27.49 out is good enough .
Again, I'm not saying that I expect TEVA will reach 28 ; I'm saying that I'm looking for a long opportunity near 28 if there is a reversal sign there.
TEVA: Potential monthly bottom spottedI'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
TEVA showing positive divergence on weeklyWeekly chart showing some positive divergences. Buying volume increasing/selling volume decreasing. Good support around $32. May be waiting for earnings catalyst in May.
