TradeGATEHub

ALXN approaching resistance, potential drop!

Short
NASDAQ:ALXN   None
ALXN is approaching our first resistance at 137.60 (horizontal overlap high resistance, 61.8% fiboancci extension, 78.6% fiboancci retracement) where a strong drop might occur below this level pushing price down to our major support at 128.06 (50% fibonacci retracement).
Stocahstic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
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.