Chart Patterns & Algorithmic Trader (Jan. 28, '20) (46)
ALXN Inverse Head & Shoulders Pattern
s
Alexion Pharmaceuticals (ALXN) is trading in a Inv. H&S Pattern (F) on its
daily chart. A Long entry is entered when price closes above the neckline
with a strong up trend. Enter a long trade above $116.59 and place a stop
below $108.25 ($8.34). Targets are placed from $143.7 to $151.1 in target1
zone and from $172.4 to $187.7 in target2 zone.
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