Stock that's being added to my watchlist *Weekly Breakout*
Technicals
-Price broke out to a new YTD High (+18.25% YTD vs. +7.06% SPX YTD)
-Support between 230.50 - 232.70
-Resistance 244.00
-Weekly Chart did form doji at the highs so there is a chance of a retracement to support.
Trade Idea
Long at support upon receiving bullish confirmation.
Recent 13F's
Third Point LLC opened small new position.
Pos. Size : 625,000 Shares valued at $141,000 (Options play)
Analyst Price Targets
Mizuho Reiterated Buy / Price Target Raised to $275
Deutsche Bank Reiterated Buy / Price Target Raised to $253
FBR Capital Reiterated Outperform / Price Target Raised to $250
Upcoming Corporate Events
James Beer (Executive VP / CFO) will be presenting at the Goldman Sachs 36th Annual Global Healthcare Conference in Rancho Palos Verdes at 8:00 AM PT on Tuesday, June 9, 2015.
-Price broke out to a new YTD High (+18.25% YTD vs. +7.06% SPX YTD)
-Support between 230.50 - 232.70
-Resistance 244.00
-Weekly Chart did form doji at the highs so there is a chance of a retracement to support.
Trade Idea
Long at support upon receiving bullish confirmation.
Recent 13F's
Third Point LLC opened small new position.
Pos. Size : 625,000 Shares valued at $141,000 (Options play)
Analyst Price Targets
Mizuho Reiterated Buy / Price Target Raised to $275
Deutsche Bank Reiterated Buy / Price Target Raised to $253
FBR Capital Reiterated Outperform / Price Target Raised to $250
Upcoming Corporate Events
James Beer (Executive VP / CFO) will be presenting at the Goldman Sachs 36th Annual Global Healthcare Conference in Rancho Palos Verdes at 8:00 AM PT on Tuesday, June 9, 2015.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.