TEVA

[Sean Hyman]

#152696

In time, it may breakout above resistance but no one can know if that will be upon this approach of resistance or a time on down the road (months/years later). So, since that’s a really good return, I’d probably sell it all out of both accounts.

If you decide to risk it, I’d sell the biggest % gainer completely and sell at least half of the lesser gainer.

Congrats!

• This reply was modified 3 months, 3 weeks ago by Sean Hyman.

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[Andrew Graham]

#152699

Great, thanks Sean…I’ll make 20+ times my subscription fee with this one sale!!

[Sean Hyman]

#152702

Love that! That’s amazing. Goes in line with what I was saying in last night’s weekly video.

Awesome!

[Bekka]

#153875

I’m only down 2% on TEVA.  Would you please give an update and should I sell this one at breakeven or let it get some profit first?

[Sean Hyman]

#153877

The white scenario(s) should eventually happen. However, with earnings coming up on the 31st before the bell, I can’t say the white or yellow scenario happens first. But it’s likely worth the wait and holding but in the end, that’s your call to make.

Long, boring ranges tend to breakout into long, strong trends. It’s likely just a matter of if I’m right about wave 2 being complete already or if it continues on for longer, first.

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[Scott Pearcy]

#153879

I am down about 6%, I am looking forward to taking profits on this one…….I have had it for a LOOOONNNNGGG time…..since 2016…..The target is about $14?

[Sean Hyman]

#153880

One zone of resistance is around $14ish. However, it should end up hitting (in time) $16-$18 and eventually far above, since long, boring ranges tend to breakout into long, strong trends.

[Scott Pearcy]

#153881

Thanks

[Sean Hyman]

#153882

You’re welcome.

[Bekka]

#153904

Ok….I’ll hold on too! Scott & I will hold on.  Lol!

[Sean Hyman]

#153906

Great! When it does have a breakout higher, it could be huge, because of the long range.

The last couple of earnings reports, they did beat expectations. Will be interesting to see how the market responds to this upcoming one.

[Scott Pearcy]

#154677

Just turned slightly profitable on TEVA!!

[Sean Hyman]

#154680

As anticipated. Awesome!

Yeah, if its done with the long, wave 2 range, then the white line should be possible (well into the high shaded zone). If it’s still in wave 2’s long range, then it could reach as high as somewhere within the red resistance zone. Whether it’s in major wave 3 now or not, it’s coming, either way.

Wave 3 could easily surpass the shaded zone too, since long, boring ranges tend to breakout into long, strong trends. So, that’s a typical wave 3 target, but a wave 3 or wave 5 will likely be unusually long, high.

• This reply was modified 2 months, 4 weeks ago by Sean Hyman.

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[Sean Hyman]

#154686

It also helps that they just beat earnings.

[Scott Pearcy]

#154716

I look forward to riding Wave 3!!

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