Yes I can see now on intraday trading that discount, but it was a buying block of 1 Million shares filling that gap. nice movement. I like TEVA for long and patient investors, some value here Us.$50 target it could be, but I havent a crystal ball in my time frame arrival.. hehhehhhhe
Best wishes, thanks for your info.
Buying Teva phamaceutical at today market price could pay a good dividend for long & patient investors in the long haul. I see an undervalued company with good prospects global grow, Teva is a leader in generics processing and health care systems globally are short of cash so generics business has a bright future to give aging population the service they need to have a good qualily life.
Teva is now trading at PER 7, the cheapest pharma company I´ve ever seen. Now media is focusing on Teva business in the USA, but I want to remmerber that TEVA is selling worldwide, and Western Europe numbers are improving, with a heavy generics adoption in European Union.
Technical speaking TEVA is drawing a nice double bottom pattern on daily graphs, so it could be a nice bottom pattern in process.
Have a nice Week-end.
Love from Spain.
As a technical Chartist investor I like to choose for my portfolio the companies that offers the best reward/risk ratio for my long term holdings, and this time I would like to mention Intel Corp. (INTC). A company with strong financials, better dividend and a curious and clear divergence between short and long Chartist patterns.
We can see INTC in the short time frame as moderate overbought after recent run-up (daily charts). But if you change the photograph to longer time frame graphs (monthly charts) the perspective favors long term investors, ´cause we can see a company forming a nice bullish Inverted Head/shoulders Chartist pattern with a heavy oversold condition watching %Williams oscillator, and with a healthy accumulation on OBV indicator.
As a key note to INTC´s near term bullish development, INTC needs to break dynamic resistance (orange line) to confirm second shoulder.
As you can see, different time frame Chartist views change dramatically the patterns of this undervalued company; so I recommend buying every dip in the short time frame and profit being Long for portfolios with long term perspectives.
Have a nice day.. Love from Spain. elnidodelaguila.eu
With more than 200M shares and nearly 7 days needed for closing this positions, it could be prudent to close that positions. Thanks for your participation, but Intel is finding a nice bottom for Longs...
Nice reward risk ratio. Good dividend, a jump in exports, what do you need to understand that INTC is dirty cheap at today´s market price level??
Have a nice day Longs...