Alexion Pharma's most recent trend suggests a bullish bias. One trading opportunity on Alexion Pharma is a Bull Put Spread using a strike $112.00 short put and a strike $107.00 long put offers a potential 13.64% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $112.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $107.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Alexion Pharma is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Alexion Pharma is bullish.
The RSI indicator is at 66.09 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Alexion Pharma
AstraZeneca Ranked Most Inventive, Roche Most Innovative
Tue, 02 Jun 2020 14:53:25 +0000
AbbVie was 2 in innovation for the second consecutive year and 7 in invention Continue reading…
Alexion Pharmaceuticals (ALXN) Stock Sinks As Market Gains: What You Should Know
Mon, 01 Jun 2020 21:50:09 +0000
Alexion Pharmaceuticals (ALXN) closed at $118.92 in the latest trading session, marking a -0.82% move from the prior day.
Betting on Boeing to Fly Out of the Storm Clouds
Fri, 29 May 2020 23:38:00 +0000
Also, Wall Street opinions on J.M. Smucker, Independent Bank Group, Alexion Pharmaceuticals, and General Motors.
Why This Event Could Clear The Deck For An Alexion Takeover: Analyst
Fri, 29 May 2020 20:32:51 +0000
Biotech companies Amgen and Alexion Pharmaceuticals reached an agreement in a patent battle over blockbuster rare-disease drug Soliris. ALXN stock popped Thursday and Friday.
Alexion (ALXN) Catches Eye: Stock Jumps 7.8%
Fri, 29 May 2020 13:38:01 +0000
Alexion (ALXN) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.
Related Posts
Also on Market Tamer…
Follow Us on Facebook