stephanelibatd

ALKERMES Analysis Daily

Short
NASDAQ:ALKS   Alkermes plc
Hey traders, ALKERMES is in a bearish fake dynamic with a low volume of issued sales and refusal of buyers on the shadow. On the TIMEFRAME M1 we observed a tombstone with a high volume of purchases made it will breakout its consolidation zone down. To go on its last precedent lower and turn around big propability to breakout the price. Subsequently the VWAP will be broken to test the top of the consolidation zone and join another. If buyers get into transactions we can still breakout the area and land on
significant resistance compared to ANDREWS PITCHFORK See MULTI TIMEFRAME H4 H1 for adjustment. No objective on the middle of the MEDIAN.
Please LIKE & FOLLOW, thank you!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.