NYSE:TEVA for me this is an easy long call. I'm an options trader and will be looking to make profit on the next few weeks on TEVA about to have a turn around. I like to try to enter a position before the breakout has happened and the momenture is underway as option contracts are based majority of the time on current direction. I was able to get in 30+ contact for...
From a charting perspective Teva is approaching a key level, its make or break and earnings will be the catalysts for that move. Teva is still carrying the cross for overpaying for its acquisitions, although revenue is expected to rise earnings are expected to drop.
Vanguard Health Care Fund added to a holding in Teva Pharmaceutical Industries Ltd by 65.14%. The...
I've been watching $TEVA for awhile now and finally it is hitting my first buy target.
Both the Daily and Weekly are showing a TD 9, however the daily did break the TD resistance line.
Furthermore, the RSI, CMF, moving averages, stoch, and current bearish candle all point to $TEVA moving lower.
I'm going to enter half of my position size in now and wait for a...
This analysis is made with graph on LOG scale.
This shows a very clear upgoing trend, where we are at a great reversal point which would be the end of a retracement wave 2 - Elliot Wave.
On basis of this idea, we should be heading into the third wave going up, normally the largest and strongest wave, see pricetarget, timing is way harder to guess.
TEVA is oversold on the daily RSI and has been consolidating there for a few days. I believe that a close on the daily and weekly above the $16.60 area should break us higher. Money is flowing into the April $18 calls. That is where my money is at this moment.
Watch the consolidation zone per my chart and keep watch on a weekly or daily close below $16. 50's...
TEVA is oversold on the daily RSI. However, TEVA could complete a H&S pattern if it closes the weekly and daily below $16.60 (below the trend line). If it breaks higher, you should see a close both on the daily and weekly above the $16.60 area.
If it spikes based on market sentiment you could see $18 by April.
... for a 2.00/contract credit.
Max Profit: $200
Max Loss: $200
Break Evens: 17.00/21.00
Notes: A classic risk one to make one iron fly. Will look to take profit at 25% max.
BIDU (44/42), RIG (33/56), and TEVA (49/53) announce earnings this week, with TEVA looking for a March to April volatility contraction of about 15%, BIDU, approximately 7.7%, and RIG, 6.9%. Instead of looking to play these pre-announcement for a volatility contraction (the contraction percentages aren't that compelling), I'll look to potentially short...