ALXN Daily chart analysis
Just as I put up this note, NASDAQ:ALXNhas come out with the earnings figures and have come out better than the estimates, positive for the stock
You can review my weekly and monthly time frame analysis in the previous charts I have shared. On the daily time frame, ALXN has broken the downward channel and will now move upwards to test the resistance levels. If it enters the channel again then may move to lower end of the channel too
Watch out for price action. Pharma stocks tend to be very volatile. If you are trading CFDs on this one, ensure proper risk measures and appropriate SL levels .
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Happy and safe investing
Cheers
You can review my weekly and monthly time frame analysis in the previous charts I have shared. On the daily time frame, ALXN has broken the downward channel and will now move upwards to test the resistance levels. If it enters the channel again then may move to lower end of the channel too
Watch out for price action. Pharma stocks tend to be very volatile. If you are trading CFDs on this one, ensure proper risk measures and appropriate SL levels .
If you like this article, please share a thumbs up and leave a comment. Happy to hear
Happy and safe investing
Cheers
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