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Alexion Pharmaceuticals (ALXN)

Created: January 8, 2012 - 4:17pm by Learnstocks

Alexion Pharmaceu (ALXN)

84.24-0.11(-0.13%)

5/18/12 12:44PM EDT

Range82.95 - 84.75
Open84.56
Vol904,951

ALXN Daily Chart

I posted the following in a Random TA on 12/27/2011.

"Alexion Pharmaceuticals (ALXN) broke out a range today as it pushed through 70.42 resistance with some volume. The next near term resistance should be around 76.50 at the 161.8 Fib level. Use the old resistance as support at 70.42.."

ALXN traded at a low of 69.00 a couple days after that post, however, that is only 2% below the support I suggested to use so if your stop was not too tight you would be up nicely as ALXN closed at 74.45 on January 6, 2012. You would also still be chugging along to my 76.50 target.