One thing to add: I’ve marked this 2nd chart with all overbought readings (30+ on the daily RSI) for the past couple of years. This is only the 3rd as well as the most overbought reading in recent years with the previous two OB readings followed by drops of 50% & 68%. I will say, however, that those readings came during a powerful bear market in the stock & overbought readings during bear markets are usually A) fleeting and B) followed by very sharp losses.
If the bear market in TEVA ended with the Nov ’16 lows, which is quite likely, then this current OB reading is more likely to act like typical OB reading during a bull market which means A) Overbought often becomes more overbought (70, 75, 80+), B) stays overbought for an extended period of time (weeks or months vs. days or weeks during bear markets) and C) the corrections following OB reading in a bull market are often much less than those following OB readings in a bear market.
I’ve also added an uptrend line on the current trend which could trigger a correction if prices close below it on an end-of-day basis.

I think TEVA eventually works its way up to the 26-28 area but the stock is very overbought after a 100%+ rally off the most recent divergent low. Looks to me that the stock needs to come back in to work off the overbought conditions & build up the energy for the next major advance.
If so, my pullback targets are shown on this daily chart. Hard to say which one the stock reverses at, assuming that it does pullback, but we’ll just have to assess the charts if & when it approaches any of those levels. Best of luck with that trade.