Chart to Watch - ALXN

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Alexion Pharmaceuticals, Inc. (ALXN).

I hope you are having a GREAT Holiday week !

This week let's take a look at ALXN which could possibly be putting in a Head and Shoulders top.

ALXN slammed down off the high which put in a red monthly MarketClub Trade Triangle.

Since the low made in November 2012, ALXN has made a weak counter trend rally which has put in a green weekly MarketClub Trade Triangle. Continue reading "Chart to Watch - ALXN"