TEVA: Potential monthly bottom spotted

Atualizado
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.

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

Weak action, underperforming the market and the sector...I'll wait for the monthly downtrend expiration to reenter longs. Also, watching it after earnings.
Trade fechado manualmente
Nota
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: snapshot

Stop: 28.98
Trade ativo
Nota
snapshot

Bottom's in...monthly downtrend expires now. Expect a 9 month rally now!
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TEVA snapshot
Trade fechado manualmente
snapshot

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 snapshot

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

snapshot
AMGNbiotechIBBkeyhiddenlevelsPGrgmovTEVAtimeatmodetimwest

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