2waytrading

A classic upside breakout with a possible failure

NASDAQ:ALXN   ALEXION PHARMACEUTICALS INC
163 1 1
Every breakout upside needs to be evaluated. Volume is above 65 days average a positive sign, but the sell off on Sept 19th has still left a fresh wounds to the sector as well as the whole market. The sector is the top and so far looks strong but an opportunity could any time loom from nowhere and you need your gun loaded fully to take advantage. Now, this if everything goes well has a measured target price 189-193 area. Watch at recent swing high Feb this year at 185.43. Don't be those who are brought in to hold the bag when the top is printed. If you need a real time alerts try www.2waytrading.com
2use
2 years ago
Now that is a sideways stock - that up5% down 6% up 5% gets me scratching the head.
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