Teva is in a range... Follow the price.
TEVA is oversold on the daily RSI and has been consolidating there for a few days. I believe that a close on the daily and weekly above the $16.60 area should break us higher. Money is flowing into the April $18 calls. That is where my money is at this moment.
Watch the consolidation zone per my chart and keep watch on a weekly or daily close below $16. 50's area. It could try and complete a H&S.
Watch the consolidation zone per my chart and keep watch on a weekly or daily close below $16. 50's area. It could try and complete a H&S.
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