Replies to post #3395 on Teva Pharmaceutical Industries Ltd (TEVA)

[JLS]

TEVA to close week flat to lower.

Why? Total market closes three days higher and it's already winded, making it more likely that prices correct tomorrow. Also fairly likely as investors fear holding stocks over the weekend.

Preference: TEVA closes Friday slightly below $8 and as dragonfly doji as it produced on Tuesday. That signals that she's chomping at the bit and ready to run.

Seems plausible -- market too weak to go up another day, TEVA hooving the ground and anxious to run.

Hey, and I wouldn't have to waste time buying the stock back on Monday and probably pay too much for it.

[NoMoDo]

Potential for a short term pinch

I expected a major move, but didn't think it would be to the down side. Stoch on the 30 minute is turning up... finally.