Vertex Pharmaceuticals may fall to 436.00 - 444.00

Our pivot point is at 489.

Our preference

The downside prevails as long as 489 is resistance.

Alternative scenario

Above 489, look for 504 and 513.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 483.2835 and 481.156).

Supports and resistances

513 **

504 *

489 **

483

477.37 (USD-last)

453

444 **

436 *

427 **

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