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Actionable news in TEVA: TEVA PHARMACEUTICAL INDUSTRIES LIMITED AMERICAN DEPOSITARY SHARES,

Here Are Two Reasons to Buy Mylan Now

Shares of the generic drug manufacturer Mylan (MYL) are breaking out of a large triangle consolidation pattern on their weekly chart and a smaller cup and handle formation on their daily chart. The patterns project a target price back near the stock's all-time highs.

In July last year, the stock gapped down 15% on news that Teva Pharmaceuticals (TEVA) had abandoned its plans to make a hostile bid for the company, and it continued to drop before finding support in the $38...


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