Medium term view - ROCHE HOLDING AG : Major support reinstated
The previous bullish trend has been invalidated, but the level has just been reintegrated. It could be a false signal. The trend is probably still bullish. This will be confirmed by the break above CHF 269.00.The next target is at CHF 297.70. The invalidation level is below CHF...Roche Holding is a healthcare company. Co. operates in two Divisions, Pharmaceuticals and Diagnostics. Co.'s pharmaceuticals division is comprised of two business segments Roche Pharmaceuticals and Chugai. Co.'s pharmaceuticals division provides therapies including Cotellic, in combination with Zelboraf for advanced melanoma, and Alecensa for a specific type of lung cancer. Co.'s diagnostics division consists of four business areas: Diabetes Care, Molecular Diagnostics, Professional Diagnostics and Tissue Diagnostics. Co.'s diagnostics division provides in vitro diagnostic tests, used by healthcare providers to screen, diagnose and monitor therapies.
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