Roche headed to 38, further upside depends on stock market

A reader requested a chart for Roche Holdings, here's the technical analysis:

Roche is headed for 38. If it can climb and hold above 38 then the next upside resistance is 39.1-39.6. If it climbs above those levels then Roche can hit 42. Whether or not Roche makes it above 39.6 and 42 is entirely dependent on the general stock market direction. So it's not a great long play, but it's not a bad one either.