Shin Daily Speculative Position
| ALXN - SHORT Position - Entry: 106.67$, Target1: 87.36$, Target 2: 62.50$ Stop: 112.51$ (S/T) |
ALXN - ALEXION PHARMACEUTICALS
After a very long uptrend since 26 January 2006 - 6 June 2016 Mr market already shows signal that ALXN enter an obvious major downtrend stage to the point that it's stupid not to short this stock, if there's no major change in inovation, industrial policy, and market movement that support the trend reversal, it's safe to suggest that the downtrend still continue for a few weeks, months or even years, do not afraid of the rebound as long as you get the s/l point.
After a very long uptrend since 26 January 2006 - 6 June 2016 Mr market already shows signal that ALXN enter an obvious major downtrend stage to the point that it's stupid not to short this stock, if there's no major change in inovation, industrial policy, and market movement that support the trend reversal, it's safe to suggest that the downtrend still continue for a few weeks, months or even years, do not afraid of the rebound as long as you get the s/l point.
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