Vertex Pharmaceuticals may rise to 505.00 - 515.00

454 is our pivot point.

Our preference

As long as 454 is support look for 505.

Alternative scenario

Below 454, expect 438 and 428.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 466.0875 and 431.744).

Supports and resistances

525 **

515 *

505 **

496

467.28 (USD-last)

460

454 **

438 *

428 **

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