AUROPHARMA 1 YR target 1731

21 mag

The stock has competed rounding bottom or CUP pattern on weekly chart on LTH of 1064 made in YR 2021 with a low of 397 and successfully retested 1064 after breaking it.
Target 1064 + (1064-397=~667) => ~1731, timeframe must be within a year with intermediate targets of 1252 and 1409 and 1664.
looks a good buy in the range of 1180-1210 for said targets.... keep trailing stop loss as it reaches higher.
* It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade at your own risk.

5 giu

Nota

Target of 1252 achieved :)

5 lug

Trade attivo

1300 crossed and now 1409 must be on radar.

15 lug

Trade attivo

1408.75 has been the day high, 2nd target of 1409 is also done with this.

From here 1664 is the next target.

26 lug

Nota

Back towards LTH 1409, closing above this number will trigger another up move, below that it will be dangling.

31 lug

Nota

Very good monthly closing, 1471 is the next hurdle where we can see profit booking or resistance but one it is over then 1664 will be the target followed by 1724.

4 ago

Nota

Good weekly closing 1471 is ON.

7 ago

Nota

Bingo: 1472 is the day high for today's run and then there was profit booking, numbers are working as expected, closing above this number will open 1664.

8 ago

Nota

another new LTH 1487 :)

20 ago

Nota

New LTH : 1537 Bingo :)

27 ago

Nota

300 points of run so far which is more than 25% since the post created, even more if I calculate the low made after the post 1180.

28 ago

Nota

new LTH 1580