Teva Pharmaceutical Has a Long Road Back

It has not been a good year for Teva Pharmaceutical Industries (TEVA) when it comes to its ADR price. Over the past 12 months prices have been cut in half and then cut in half again -- trading above $50 last September and nearly reaching $15 this September. Prices for TEVA, which were in the lofty area of the lows $70s in 2015, have not been this low since 2002 (see the second chart below).

The damage on the charts is substantial and when that happens it typically takes a long period of repair or base building to make the charts look better. Let's take a look....310 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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