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Is TEVA gaining bearish strength? Fell Below 20 Day Moving Average shows up after slipping 1.75%
TEVA finished lower by 1.75% on Thursday, June 25th, trading 1.0 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA and Fell Below 50 DMA — suggesting potential weakness ahead. Key support levels exist at 33.12, 32.61 & 31.83, with resistance at 34.41, 35.19 & 35.7.
Current SwingTradeBot Technical Rating of TEVA: B
There’s more where that came from. See all of today’s signals for TEVA here.
Read full article here »