VRTX Weekly Outlook: Pullback in ((2)) Before a Strong Rally
Vertex Pharmaceuticals Incorporated (VRTX), operates as Biotechnology company in the United States, Europe & internationally. It offers transformative medicines for people with serious diseases of different age groups. It comes under Healthcare – Biotech sector & trades as “VRTX” ticker at Nasdaq.
In weekly, it favors bullish sequence & expect rally, while pullback holds above August-2025 low. It favors rally in (III), which will confirm, when it breaks above November-2024 high. Currently, it favors correction in ((2)) in 3 or 7 swings against 8.11.2025 low before next rally.
In weekly, it placed ((I)) at $306.08 high in July-2020 & ((II)) at October-2021 low of $176.36. Above there, it ended (I) of ((III)) at $519.88 high in November-2024 & (II) at $362.50 low in August-2025 low. Within (I), it ended I at $292.75 high, II at $233.01 low, III at $510.63 high, IV at $447.70 low & V at $519.88 high. Within extended III, it placed ((1)) at $324.75 high, ((2)) at $282.21 low, ((3)) at $448.40 high, ((4)) at $391.01 low & ((5)) at $510.63 high.
VRTX – Elliott Wave Latest Weekly View:
Below (I) high, it ended (II) in double three correction. It ended w at $377.85 low in December-2024, x at $519.68 high in March-2025 & y at $362.50 low in August-2025. Above there, it ended ((1)) at $507.92 high & favors pullback in ((2)) in 3 or 7 swings correction. Within ((1)), it ended (1) at $403.58 high, (2) at $374.17 low, (3) at $487.52 high, (4) as flat at $450.67 low & (5) at $507.92 high. It favors downside in (A) of ((2)) & expect minor downside, while bounce fail below $463.78 high. Later it should bounce soon in (B) as connector before another push lower. The next pullback in (C), should hold the trend channel to finish ((2)) before next rally continue. But if it breaks below August-2025 low, it can do double correction in (II) against October-2021 low. Buyers can look to enter the extreme area of (C) in ((2)) correction.
VRTX s not the part of regular service at EWF. But we provide time to time updates on instruments under blog section. Elliottwave Forecast updates 1-hour charts four times a day & 4-hour charts once a day for all our 78 instruments. We do a daily live session, where we guide our clients on the right side of the market. In addition, we have a chat room where our moderators will help you with any questions you have about what is happening in the market at the moment. You can try us for 14 days for only $0.99 (limited time offer). Also, you can check out the Educational section to learn Elliott wave theory & its application through different packages available & 1-1 coaching for doubts.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- cheezzy·03-25 18:14Bullish on VRTX rebound! Pullback's a prime entry point. [看涨]LikeReport