A strong breakup last Friday that propelled it above the 200 days moving average now.
Any near term dip will be a lower risk opportunity to long (with stop loss just slightly below the neckline @ 12.30).
Could face some resistances around 16.50 and if it managed to surpass this level eventually, than $19 - $20 is possible.
p/s Biotech and pharma stocks have been breaking up lately!
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Any near term dip will be a lower risk opportunity to long (with stop loss just slightly below the neckline @ 12.30).
Could face some resistances around 16.50 and if it managed to surpass this level eventually, than $19 - $20 is possible.
p/s Biotech and pharma stocks have been breaking up lately!
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.