Gelnmark – Double Bottom
As mentioned yesterday, a reversal in pharma seems around the corner.
The stock has formed a good Double bottom with divergence and a large Bullish candle indicating that Buying Momentum is picking up.
Good opportunity to go long with a stop loss near ~ 500 levels for a target of ~ 582.
(However, keep an eye on the results)
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
The stock has formed a good Double bottom with divergence and a large Bullish candle indicating that Buying Momentum is picking up.
Good opportunity to go long with a stop loss near ~ 500 levels for a target of ~ 582.
(However, keep an eye on the results)
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.