posted by Tom C:
I discussed TEVA in my earlier post, and in the comments of that post. It turned out to be a great trade.
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Tags:
Trader-X, Stocks, Fibonacci, Trading, TEVA
Trading Without Drama
3 days ago
Charts and more charts. Plus sporadic thoughts on the stock market, trading, politics, entertainment, sports, and everything else.
5 comments:
Great trade. I love the blog. Very informative!
TEVA might be a good trade on the other side today. Watch it early for a move up/bounce/rebound.
Only play if the set-up is right.
Interested as to why you think that, John. Thanks.
TJ
Just a thought - turns out to be false. The only reason TEVA is down is because Merck is cutting its own throat and pricing Zocor below the TEVA generic which is just now coming on the market. Merck will lose this war eventually and TEVA will be a good trade. I'd keep it on my watch list.
Of course Mr. Market has to be in a good mood too.
Thanks John. I was curious as to the reasons. Good luck today!
TJ
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