BullBear Trading: Stock and Financial Market Technical Analysis

Mylan Slammed On Price Gouging, Buy It Here

Mylan NV (NASDAQ:MYL) took another beating today as the heat mounted over their Epipen price gouging. The company recently raised the price by 400% and it has now become a political firestorm. While the stock tanks, smart investors see opportunity. Mylan is not a one drug or Epipen pony. After a certain discount has been priced in, the stock will begin to rally again. The buy level based on technical analysis is $37.75. 

By Pro-Trader

Views: 16

Comment

You need to be a member of BullBear Trading: Stock and Financial Market Technical Analysis to add comments!

Join BullBear Trading: Stock and Financial Market Technical Analysis

Join BullBear Traders

 

Steven Vincent's market analysis is published on:

Steven Vincent's opinion is polled every week for the Birinyi Associates
TickerSense Blogger Sentiment Poll

© 2024   Created by Steven Vincent.   Powered by

Badges  |  Report an Issue  |  Terms of Service