Alexion Pharma's most recent trend suggests a bullish bias. One trading opportunity on Alexion Pharma is a Bull Put Spread using a strike $118.00 short put and a strike $113.00 long put offers a potential 11.11% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $118.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $113.00 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 72.73 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
Soliris® (Eculizumab) Receives Marketing Authorization in Japan for the Treatment of Patients with Generalized Myasthenia Gravis (gMG)
Tue, 26 Dec 2017 11:30:00 +0000
Alexion Pharmaceuticals, Inc. announced today that the Ministry of Health, Labour and Welfare in Japan has approved Soliris® as a treatment for patients with generalized myasthenia gravis who are anti-acetylcholine receptor antibody-positive and whose symptoms are difficult to control with high-dose intravenous immunoglobulin therapy or plasmapheresis .
Oppenheimer Stays Bullish On Alexion Pharma
Wed, 20 Dec 2017 22:05:04 +0000
Alexion Pharmaceuticals, Inc. (NASDAQ: ALXN ) will report fourth-quarter earnings in late January, according to Oppenheimer. The Analyst Oppenheimer's Hartaj Singh maintains an Outperform on Alexion …
Alexion to Present at the Goldman Sachs Healthcare CEOs Unscripted Conference
Wed, 20 Dec 2017 15:00:00 +0000
Alexion Pharmaceuticals, Inc. today announced that management will present at the Goldman Sachs Healthcare CEOs Unscripted Conference on Thursday, January 4, 2018 at 1:45 p.m.
7 Hot Investing Bets to Make in Biotech
Tue, 19 Dec 2017 20:48:00 +0000
These favorite names in the volatile sector offer the potential for high rewards.
Why No Large-Cap Biotech Franchise Is Safe From Threats In 2018
Mon, 18 Dec 2017 21:26:11 +0000
No franchise is safe in 2018 among biotechs which are feeling pressure as the FDA speeds approvals for rival medicines.
Related Posts
Also on Market Tamer…
Follow Us on Facebook