Vertex Pharmaceuticals may rise to 522.00 - 528.00

Our pivot point is at 484.

Our preference

As long as 484 is support look for 522.

Alternative scenario

The downside breakout of 484 would call for 474 and 468.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 485.5705 and 472.7548).

Supports and resistances

534 **

528 *

522 **

515

495.26 (USD-last)

488

484 **

474 *

468 **

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