Vertex Pharmaceuticals may rise to 521.00 - 532.00

Our pivot point is at 464.

Our preference

Our next up target stands at 521.

Alternative scenario

Below 464, expect 445 and 434.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 466.6525 and 473.259).

Supports and resistances

544 **

532 *

521 **

510

484.82 (USD-last)

472

464 **

445 *

434 **

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