Vertex Pharmaceuticals may fall to 411.00 - 421.00

474 is our pivot point.

Our preference

The downside prevails as long as 474 is resistance.

Alternative scenario

The upside breakout of 474 would call for 491 and 501.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 467.5295 and 475.0172).

Supports and resistances

501 **

491 *

474 **

467

458.94 (USD-last)

431

421 **

411 *

401 **

Number of asterisks represents the strength of support and resistance levels.