TEVA (Teva Pharmaceutical Industries) offers an objective long entry on the breakout above this daily bullish falling wedge as well as the breakout & backtest of the 60-minute downtrend line.
The current price targets are 34.96 (T1), 35.82 (T2) & 37.97 (T3) with the potential for additional targets to be added, depending on how the charts develop going forward. The maximum suggested stop is any move below 30.00 (or higher, if only targeting T1 or T2) with a suggested beta-adjustment of 0.8.
I should point out that there has been a slight expansion on volume but so far, the breakout is not very impulsive. As such, a higher probability entry might come if one were to hold off & wait for TEVA to move above today's earlier high of 32.48, ideally on above average volume. With that being said, TEVA will be added as an Active Long Swing Trade at current levels.