TEVA (by Jeff Patterson)

By -

A quick observation, I thought I would point out that TEVA is breaking out to new all time highs. I did a post a few weeks back mentioning TEVA was on the cusp of a breakout to new all time highs. I believe TEVA merits close attention for possible entry.

I have been holding a core position in TEVA for a long time, so I personally sold some that I bought for a breakout and some of my long term holdings in it. I have a trading plan for TEVA that I have been following for some time and my selling is part of that plan. If the action is positive in TEVA over the next few weeks I will be adding another position in TEVA for a intermediate time frame trade.