Allergan Inc (AGN) is a global company which produce Botox, we notice that this stock is current on an uptrend for the past 12month. a good entry method that we prefer will be breaking out of the sideway consolidation. base on the past trend, the price tend to move up strongly after breaking out of the sideway zone. Base on this setup our stoploss will be placed around 169(Short term Trade) or 161(mid term trade)
Headlines
- Drugs groups trapped in tangled M&A webat Financial Times(Sun, Sep 28)
- Jackson Square Partners Joins Investors Opposing Allergan Bid for SalixBenzinga(Sun, Sep 28)
- 6:21 am Allergan: Pentwater Capital Management issued letter to Board of Directors of AGN; said 'Pentwater is strongly opposed to the board of Allergan agreeing to any significant acquisition that does not allow shareholders to vote on the Briefing.com(Sun, Sep 28)
- Jackson Square Joins Allergan Investors Against Salix Bidat Bloomberg(Sat, Sep 27)
