TEVA trade ideas
TEVA buyThis is simple trade
The moving average crossed over a few days ago signaling a buy and has remained there (I always wait a couple of days to confirm the trend)
My first target is the $11 resistance (a 9.5% move)
My second target is $ (nearly a 30% move)
It is possible to expect a little weakness over the next couple of days and pick it up below $10.
Good luck!
Teva Pharmaceutical Industries Ltd 🧙Headquartered in Israel, Teva Pharmaceutical is the largest generic drug manufacturer in the world. The company was formed in 1901 and has a portfolio of more than 3,500 medicines--roughly 1 out of 9 generic prescriptions in the U.S. is filled with a Teva product. The company also develops branded pharmaceuticals in the central nervous system, oncology, and respiratory categories. Teva's generic drug sales represent slightly over half of total revenue, with branded drug and distribution revenue making up the balance. Teva is an aggressive filer to bring generic drugs to market when brand patents expire and has the most generic products pending Food and Drug Administration approval.
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TEVA 09-04-2021 LongAsset and Time frame -TEVA,4H & Daily
Entry Price -11.03
Exit(Stop Loss) -10.75
Exit(Take Profit) -12.44
Technical Analysis - Price action is moving inside a daily confirmed tunnel + 100 MA as support,also Fibonacci C reaction ,a bit of a risky trade because of the close stop loss, but if it will be able to go back into the tunnel, the reward will be really good
TEVA LongHealthy correction after a great move upside it made at the very beginning of the year, now TEVA is ready for the next move after breaking resistance trend with a gap up.
My stop price is 9.89
TEVA - 10 or 9.50 CSP - #TheStratTeva has been trading within a range from March 1st low as you can see from the blue support line plotted. Looking for a reversal at this level be it a 2-2 or a 2-1-2.
Technical Confirmation: Staying above the March 1st low - Looking for confirmation of the reversal once support level is reached.
Trade Execution: 10 or 9.50 CSP. Provides additional room for error if reversal does not hold. Timeframe will be 1-2 weeks DTE
TEVA looks good to the upside!Showing the Monthly chart instead of the cup & handle pattern on the Daily. It has already gone up from the 'handle', but it seems there's still some upside to go on the longer term.
Taken a real beating since Jul'15 and price has bounced off $8 support. Momentum is strengthening as well, so that's a good sign.
Target profit 1 at $15-16, next resistance + 50MA
Target profit 2 at $25, but this is going to take a while, and depending on how the price action is if and when it reaches target profit 1.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Thanks!
Addition to short term viewBeforementioned shorter term view could also be a part of an even bigger cup / falling wedge breakout
Trampoline to the sky?!🪂Good day, traders🔥
There is one more interesting formation for you.
Ascending triangle on TEVA financial instrument.
Previous bearish trend was broken and now the price is in a consolidation.
It may be a good signal for trend to reverse, but don't rush, wait for the clear breakout.
Follow the chart and look for the breakout carefullly.
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TEVA BottomChart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment.
Start 10.76 USD
TEVA > BuyTEVA > Buy
> Yesterday, the price fell on the accumulated VPVR price frame contracted 10 Month Wyckoff accumulation.
> May be this is Phase C or D LPS Wyckoff
> Interesting to try and buy at this price.
> Risk/Reward Ratio: 6.82
Some Long TradeWait for price to enter my Golden Zone then you know what to do.
no confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades
TEVA - 3W cloud diversionnina clouds prints S&R for target & stop
set alerts on lower TF's to get notified when the diversion builds up
Long TEVAI'm bullish TEVA for the next 1 month.
I will be taking some profits on Target 1 and leaving the rest for Target 2.
Target 2 is less likely to occur within the next month, so this is definitely a bit of a longer term play.
$TEVA – Waiting on that Soldier$TEVA – Waiting on that Soldier
It's super interesting how these charts work so well sometimes - this one played really nicely. I wish I was in it... W shaped bowl... cup/handle traced right back to the fib line - which was also the POC of the vol profile... when it popped it stopped right at the previous high.
EMA’s are not lining up as I would like but if $TEVA can break through with a 3rd white soldier – I like the vol profile above to sustain the trend.
Let’s see how it goes!
NYSE:TEVA
$TEVA - Key goal is break 11.5 (Look at the chart to see it:)Main support 10.00$
Not recommending to buy or sell
Just an Idea,
