On the daily chart there was a spinning bottom formation after a gap down previously which indicated that the bulls are fighting back It was formed near the support levels which indicates a good entry to buy Next day 16/11/17 there was strong rally with a gap up indicating strong action supported by the bulls In addition the rally was supported by rsi levels it bounced from 34.23 Most importantly it formed a morning star candlestick pattern(strong buy) ACTION: Execute long on 17/11/2017 TGT-727 STOP-690 NOTE IF THE CLOSING IS ABOVE 729(100 WEEKLY MOV.AVG) STAY LONG FOR TGT OF 760 FOR THE NEXT WEEK
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ONE CAN NOW ENTER AGAIN IN AUROPHARMA
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STOCK HAS BOUNCED BACK FROM NEAR OUR STOP LEVELS INDICATING SOME BUYING AT LOWER LEVELS HOLD ON TO YOUR TRADE
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GOOD DAY FOR THE TRADERS IN THIS STOCK AGAIN MANAGED TO BOUNCE BACK FROM 691-93 LEVELS OR SUPPORT HOLD FOR THE GIVEN TARGET
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