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Is TEVA consolidating before a move? NR7 shows up after gaining 0.23%
On Thursday, August 6th, TEVA moved up 0.23% while volume was to 1.0× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 34.48, 34.16 & 33.94, with resistance at 35.02, 35.24 & 35.56. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of TEVA: A
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