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matt.sulli42
Jan 19, 2017 2:20 AM

For my man vDr78-- a look at TEVA pharma Short

Teva Pharmaceutical Industries LimitedNYSE

Description

Heres a stab at fibs for TEVA. unfortunately, i can't give you a target entry because it looks as if the company has been selling off all year, with the exception of a couple of pullbacks. Healthcare industry is risky atm! If I had to go in, it would be after a move upwards to the bottom rectangle. That's how I tend to chart at least. Be careful!

Comment

notice how it looks like theres three trends going on....a downtrend to begin, with sideways movement towards the middle of the year, and further drawdown after that
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