ALXN Alexion Pharmaceuticals with a very strong fundamental background is reaching a big level of support. It could offer a big upside once if it rebounds on that support. Keep an eye on this one.
ALXN is approaching resistance at 137.60 where we might see a drop to our first support at 128.06. Stochastic is also approaching resistance where we might see a corresponding drop in price.
ALXN is approaching our first resistance at 137.60 (horizontal swing high resistance, 61.8% fibonacci extension, 78.6% fiboancci retracement) where a strong drop might occcur to our support level at 128.06 (horizontal pullback support, 50% fiboancci retracement). Stochastic (55,5,3) is also approaching resistance where we migth see a corresponding drop in price.
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.