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After a couple of years where price has persistently followed the downtrend, last week Teva broke up such dynamic hreshold. Price has confirmed such trendline with a hammer 3 days ago at 17.04 dollars. Moreover we have the cross on the daily pattern between MA 50 and MA 200 turning to bullish set-up. Q1 earnings has been released beating expectations. SAR is...

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In the last days vrx has seen a small rally and the price reache 17,23 dollars. This is the area where there is a first resistence as the top reached in March. A break of this line will have as a second step would be around 17.90. Unfortunately yesterday price closed with an hammer so a backdown movement is probable till the bottom line. It is not escluded that...

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After the breach of the multiyears downtrend prices have jumped till 47.68 dollars. We have seen a retracement according to the uptrend in progress. The price level around 39-40 is a stong support where a long can be setup. SL can be put a bit lower just underneath the MA 200 at 38 dollars. MA 200 is still under MA 50 and MACD is crossing over for a bullish...

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Valeant after weeks of downtrend finally broken some days ago is still weak. MA 50 and MA 200 are about to be crossed over (sign of weakness). The major trendline is located at 13.20 roughly. It is possibe a period of trading range movement between 17.2 and 14.97. An unpside would be possible after that threshold but before the new data on Q1 2018 I see it hard.

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This image explains better than words what has happened. For the future: above the trendline is a positive sign, below it may get another downtrend. 18.50/18.10 doble resitence yesterday we had pull back up of prices at that level. Let's see what will happen this week as this is crucial level.

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Nothing relevant to flag up on VRX but at the moment price consolidation. Yesterday we got an engulfish bullish on a daily chart, price has closed on the upper part of the candle stick. A dinamic trendline defines the edge. Supertrend is positive MACD negative.

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VRX yesterday has reached the first TP around 24.3/24.5 according to what happened some years ago. I expect some resistence here. if such hurdle will be step over, I expect another resistence at 26/27. This because some investors will take profit from the rally began in November: From 11 dollars to 19 (the neckline) 8 dollars of difference. 8+19= 27. Third TP...

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yesterday VRX -1.81% closed with price down 1.81%. I report in the chart 2 trendlines one of which has been "violeted" (dotted one). An horizontal trendline defines a graphic support of short term lateral movement (price consolidaton). Below those we have tha main basic uptrend lasting several months.

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Near the end of the triangle started in september. Main trendline was touch a couple of times since the historical minimum at 1.04. Static resistence at 17.2 completes the picture. I am neutral but the chart suggests me that the lateral accoumulation is coming to an end therefore be careful!

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No news for Unicredit. Still inside the flag channel since august. A breakdown of the flag will bring either bullish or bearish signal.

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Despite the recent company's efforts to reduce its debit, from a technical point of view, I would be neutral with Teva until we will see a cross-over between slow 200d and fast 50d moving average on a daily chart pattern. For those who are aggressives MACD is still positive but keep in mind the resistence at 19.33 first and 20 after. Exhaustion gap betweeen 16 and...

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Yesterday I bet on a new trend line but I had needed a confirmation about the minimum which was given today, this is why I decided to post my idea. If confirmed during next sessions the new uptrend will accelerate.

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Apologies for the chart but I don't have the premium version. I tried to figure out the next levels: Here the summary: 1. 25.80 2. 33.20 3. 38.50

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VRX after the correction largly expected, yesterday as demostrated a strong bullish counterattack closing the session slightly less than the short entry recovering mostly 100%. The pattern therefore shows clearly the uptrend line in place. Investors are considering a Q4 better than Q3 looking for new confirmation about debit reduction, so I expect price will move...

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We reached 17.70 dollars and than a fast pullback as it was for the day before. Important resistence near 18 with possible retracement on the ascendent trendline first and the second dotted trendline after. Personally I sold it at 17 in order to see what it will look like next weeks. RSI overbought, MACD still positive.

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We have seen in the last few days a dynamic resistance that characterized the pull back of the price from a threshold range between 16.95-16.75. Today the lowest minimum price touched 16.00 dollars (around -2% compare to opening). Violent and prompt reaction with high volatility intraday had set the price at 16.45 +0.3%. 16$ was the point where the ascendant trend...

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Dal grafico odierno a seguito delle ultime candele dei giorni precedenti si deduce una possibile inversione di tendenza multiday a V. Inversione anticipata dal MACD qualche giorno fa. Il trend puo' essere confermato con chiusura odierna al rialzo in area 16.75/ 16.90

TRADOMICS_

Here some trend lines projections based on the technical chart of Valeant so far.