Monday, September 29, 2014

NYSE - Allergan breakout for big move?

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)