Shares of Teva Pharmaceutical Industries Ltd (NYSE:TEVA) sold hard in early trading, hitting its lowest levels since 2005. It look like another...
Look for support at 35.50 and a breakout over the 36.50 resistance should send it to 40.
Look to short on a 102 retest. There is a gap to fill below at 98.63.
Look for support at 275, which is also the 38.2% Fibonacci line drawn from the July 8th low of 254.
Over the last few weeks we have seen the markets come under selling pressure. However, as of now, this pullback should not be considered a...
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