01-07-2017, 01:58 PM
(01-06-2017, 12:08 PM)divmenow Wrote: TEVA getting very interesting at these levels. Anyone buying?
Yea I bought some at 38 when it started to go back up. I do not like the BIG RED candle with 75% volume above the Vol 60 day moving average. If it breaks down below 34 it may go lower (28?)
From the TheStreet.com
The Israel-based generic pharmaceuticals company expects earnings per share of between $4.90 and $5.30 for 2017, missing estimates of $5.41.
As for revenue, the company now expects between $23.8 billion and $24.5 billion, missing estimates of $24.8 billion
May sell if goes below 34 and take a loss.
Other Thoughts?