Bullishcharts
Long

GW Pharma bullish, but sector still weak

NASDAQ:GWPH   GW PHARMACEUTICALS ADS EA REPR 12 ORD GBP0.00
Entry level $121 = Target price $134 = Stop loss $117
Nice gap fill trade setup, as the market has turned slightly bullish after earnings announcement by GWPH
MACD about to cross above zero line, short cover signal.
RSI has room to run higher, alert set for 78 level.
Short interest = 18.64% could fuel a nice rally

Average Recommendation: BUY Average Target Price:201
15 BUY
00 OVERWEIGHT
00 HOLD
00 SELL

Company profile
GW Pharmaceuticals Plc is a biopharmaceutical company, which engages in the discovery, development, and commercialization of novel therapeutics. It offers its lead cannabinoid product, Epidiolex oral solution CV, a pharmaceutical formulation of cannabidiol ( CBD ) focusing on the treatment of seizures associated with tuberous sclerosis complex. The company was founded by Geoffrey William Guy and Brian Whittle in 1998 and is headquartered in Cambridge, the United Kingdom.

PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, IT IS REALLY APPRECIATED
Receive Free Daily Chart Analysis on NYSE & NASDAQ-listed Companies:

1) Sign Up for our Free Email Newsletter @ http://www.Bullishcharts.com

2) Receive Text Message Notifications by Texting 'BULLS' to 67076

(*It's 100% FREE, however Msg&Data rates may apply)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out