This big Pharma has been on the decline since 2015. I see it is in the top of the channel currently. Good opportunity to short to the bottom of the channel, especially with the general market declining.
You want to keep your eyes on this one.... $AGN chart. That's a massive time cycle completion on deck around June 4. Very structural time cycle completion (time frame is huge). In other words, this should start to move north as the time cycle concludes and should continue thereafter. If it happens to break down.... then it's a big down also. Either way it should...
Allergan stock has been volatile since the merger with Pfizer was abandoned due to Tax Inversion laws back in April 2016. After a April-August Pattern was successful in predicting a downtrend, there has been an emergence of a bullish pattern. Looking purely at technical's I see the stock hitting the 0.236 fib retracement before the earnings call scheduled for 2nd...
The has been absolutely no fundamental change to this bio company that has multiple big pharma partners. Yet due to the overall biotech downturn NASDAQ:PIRS was hit pretty hard. This presents a true 10 bagger opportunity , and Im not even remotely stretching the truth. The technicals show you why right now is the PERFECT time to buy. A little due diligence will...
Allergan Inc. finished last week on an indecisive note after a long downfall. Its previous rebound attempt was turned down by the systematic risk triggered by the macroeconomic news.
The equity is currently trading near to its July's bearish trend, in blue. Unless the equity breaches 303.73, the bearish market is set to continue, with 280.56 as a primary...
