Category: Submitted Articles
- Published: 03 January 2018
- Written by Nicholas Santiago
Shares of TESARO Inc (NASDAQ:TSRO) fell nearly 10% on the first trading day of 2018 after some bearish chatter. The stock has fallen from nearly $200 in early 2017 to its current price point of $75.00. However, I am putting this on my Buyers Watch List because of a major support level between $66.00 and $65.00. At this current rate of decline, TESARO Inc could hit this target by level within a week. I want to be ready to buy. The buy level comes from dual major pivot highs from 2015. There will likely be a major bounce from this level, possible 30-50%. A target of $100 is not outlandish.
Gareth Soloway
InTheMoneyStocks