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ALXN - reading to launch off of a H&S pattern
Alxn is a company with strong fundamentals in terms of revenue growth and margins. In addition it has a wealthy pipeline with more than 30 drugs in process testing.
It seems that we could potentially see around 200$ soon. A good risk/reward entry could be somewhere around the neck of the shoulder - $116, with a tight stop. The overall trend is still up, but the stock could test it one more time.
It seems that we could potentially see around 200$ soon. A good risk/reward entry could be somewhere around the neck of the shoulder - $116, with a tight stop. The overall trend is still up, but the stock could test it one more time.
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