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Analysis: #NYSE $TEVA

Case 224 #Teva_Pharmaceutical Industries Limited

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#TEVA 1/4
Chart 1
Monthly Chart: Good base building seen at 6.28/00, price has breached the daily #SMA 20 and gained a footing on the daily SMA 200 - however conditions are #bearish to neutral. Price needs to close above 9.65 then sloping #trendline #support turned .....

TEVA 2/4
..... resistance beginning at 10.70. A weekly close above the latter will eye resistance at 11.75 (#Fib. 0.886). Strong #resistance at 13.45-14.30 - the latter being the top of the unfilled gap of May 2019 then further up 18.60-20.05

TEVA 3/4
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