Vertex Pharmaceuticals may rise to 506.00 - 515.00

Our pivot point is at 456.

Our preference

As long as 456 is support look for 506.

Alternative scenario

Below 456, expect 441 and 432.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is below its 20 day moving average (475.6705) but above its 50 day moving average (443.7118).

Supports and resistances

524 **

515 *

506 **

497

471.25 (USD-last)

462

456 **

441 *

432 **

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