VRTX seduces to to publish first idea

NASDAQ:VRTX   Vertex Pharmaceuticals Incorporated

I see a beautiful channel from the bottom of 2008. My concern is the bottom of october 2021 is the 4th time it touches (telling me being cautious because of possibly exhausting bullish trend ) and the last weeks formed a rising wedge just under the middle of the 15 year channel. Also the top of july 2020 is too close, the "breakout" on 24th oct was not a really dominant candle, it can be false. If so, a double top can be confirmed in the next days when crossing $290 downwards.
Still I'm a long position favouring guy, as a cup with handle (beginning from early august) seems to be confirmed, promising a $335 as target price. If that occurs in a couple of days, it can be considered as a valid breakout upwards from the wedge aiming ~$480 as target price.

What do you think? :)


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