Price points indicated on chart. Helios is shorting Teva. Looking for put options with close expiry dates.
Not financial advice
This article explores the potential implications of the ongoing Israel-Palestine conflict, which was initiated on October 7th. Teva, a global pharmaceutical giant, operates five manufacturing facilities situated within a 50-mile radius...
Analyzing the options chain of TEVA Pharmaceutical prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your...
TEVA has been a repair story now for many years. With litigation in the process of being resolved, debt burdens of $2 bn. per year appear manageable with cash flow - TEVA is moving away from a debt/litigation story
to an equity story. Cash Flow of $3bn + per year, Net Income of ~ 2bn.+.... warrant a blended Intrinsic Value of ~ $22 per share. TEVA's technicals...
Some symmetry in price can be seen, with the vertical line being the middle of this price symmetry in the downtrend
I foresee continuation of this downtrend for one more wave, as indicated by the red arrow
Teva Pharmaceutical Industries
Short Term
We look to Buy at 7.28 (stop at 7.06)
Preferred trade is to buy on dips. Previous support located at 7.20. The bias is still for higher levels and we look for any dips to be limited. Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 8.29 and 9.10
Resistance: 8.30 / 9.50 /...
I believe TEVA is accumulating, you can see many tops and bottoms are being liquidated. It is a whipsaw for traders in phase b. However, i believe we are going to get a test that will send us outside the range on good news
Teva is running in Descending Channel at a daily timeframe, also Teva was able to make Rising Wedge at 4h timeframe, while we can see sell signals in MACD & RSI Indicators.
Rising Wedge's 🎯 Target 🎯: around 8$
🔴 Heavy Resistance zone : 11$ until 10.3$
Teva Pharmaceutical Industries Analyze, 4h Timeframe (Log Scale)
Do not forget to put ...
NFA - Not Financial Advice
TEVA Seem to be very bullish technically , great upside with great RR .
The upside is needed to support the Earnings that will be soon
good earning = good upside
patience is needed!
Teva Pharmaceutical Industries
Short Term - We look to Buy at 8.40 (stop at 7.90)
Preferred trade is to buy on dips. We have a 61.8% Fibonacci pullback level of 8.49 from 7.24 to 10.50. The bias is still for higher levels and we look for any dips to be limited. Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 10.19...
Asset and Time frame -TEVA,1W
Entry Price -10.24
Exit(Stop Loss) -9.77
Exit(Take Profit) -11.72
Technical Analysis - Price broke the down-trending line from the start of 2021 with decent volume and pattern, now, the price has retested the 100 Weekly MA, I added a Fibonacci line the latest weekly high and the price is adding some minor confluence because it fits...
Expect price to retrace to 8.67. Enter at the 8.67 price area for a long position. A close above November 2021 Trend Line and Horizontal Support & Resistance Line indicates buying opportunities. Target Price is 10.26.
Asset and Time frame - Daily,4H
Entry Price - 8.52
Exit(Stop Loss) -9.18
Exit(Take Profit) -8.28
Technical Analysis - Price breached resistance level of 8.43 + the 4-hour chart 100MA, on the daily chart, the price made a nice hammer + confirmation candle with decent volume, price is inside a bearish channel and should hit the ceiling near the 100MA daily.
What...
