TEVA shares moving sideways. Nonetheless, buying at a 16-18 USD level can be a good investment in the long run. I suppose the exchange rate starts moving in 15-20 usd bandwidth. This movement may take several months. We do not expect any further falls below 15 usd levels. Then, from the second half of next year, a steady wave of embarkation can start with a target price of 38.70 usd. This is about 120% of the proposed bid level.