Novartis AG

NVS Breakout

178
Breakout of inner range with 2R available to run to outer range. In general, breakout trades are expected to run longer than short term swing trades

R: $100
E: $93.4
S: $90.5
Diff: $2.90
T1 (1R): $96.3 (raise stop to $91.95 [1/2 of Diff + Orig Stop])
T2 (2R): $99.2 (withdraw 1/2, raise stop to Entry)
T3 (ATH): $106 OR Break of prior dip

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