Stocks

Vertex Pharmaceuticals may rise to 513.00 - 522.00

2024-06-26

Our pivot point stands at 459.

Our preference

As long as 459 is support look for 513.

Alternative scenario

Below 459, expect 443 and 434.

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 above its 20 and 50 day moving average (respectively at 470.672 and 437.5466).

Supports and resistances

532 **

522 *

513 **

503

473.93 (USD-last)

465

459 **

443 *

434 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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