The Traderszone Network

Published in TZ Latest News 14 May, 2015 by The TZ Newswire Staff

Leading Drug Stock Tops Views As It Preps Buy Point

Allergan is just the latest in a flurry of strategic acquisitions that has boosted Actavis’ (ACT) size, drug portfolio and global reach at a rapid pace. The stock has found support at its 50-day moving average as it shapes a flat base with a potential buy point at 317.82 (see today’s Investor’s Corner column on Page B4 for more on the 50-day line).

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