Vertex Pharmaceuticals may rise to 504.00 - 513.00

Our pivot point stands at 460.

Our preference

As long as 460 is support look for 504.

Alternative scenario

The downside breakout of 460 would call for 445 and 436.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is below its 20 day moving average (475.1935) but above its 50 day moving average (448.1022).

Supports and resistances

522 **

513 *

504 **

495

474.57 (USD-last)

466

460 **

445 *

436 **

Number of asterisks represents the strength of support and resistance levels.