Breaking down through support, this is what kept me out of trading PFE to the long-side even though it looked bullish. With the elections coming up and democrats leading the polls, I'd stay away from pharma and insurers. Lean towards medical devices if you need healthcare exposure.
Please do your own research before trading or investing.
Hello!! Sun pharma is a great stock now. this stock is in an indecisive position wait for the confirmation as if it breaks the support of 522 then lower levels can be seen but if it sustains over it then around 553 can be seen. #MY_VIEW #LEARNER
On July 10, after issuing a warning that the firm would expect higher than usual profits, BIOS jumped >20% that friday. Then, once its quarterly earnings were released, it was clear the company had not tricked us: + 25.8% REVENUES OF 14.3 MILLION IN THE FIRST SEMESTER, +44.2% to 5.5 million euros in Plant extracts business line, probiotics business registered a...
Will Hikma break out after a 5 year H&S pattern, now that it's making progress in the Covid-19 vaccine business?
AURO Pharma is on marathon but a sprint marathon exhausts the athlete and the same happens to the stocks. AB=CD pattern would make the point D- a point of in flexion and fall all the way to POC level marked, from where again a buying opportunity can be tapped by the incumbent buyers and from the initiative buyer looking for a discounted entry .
Hello !! torrent pharma is quite at all-time highs it just gave a very big up move on a day before last market day so it's more prone to be rangebound or a bit of retracement, if it doesn't break upper resistance and sustains a rangebound session can be seen but if it breaks the final resistance then it will be on the all-time highs so the target is difficult to...
Hello!! Cipla is a famous company for pharma in India but I don't like much of pharma stocks, still this stock looks bullish for a short term and maybe will retrace a bit or rangebound because it has given a big move on last market day..... I think 745 tgt can be seen till 6th august 2020. #my_view #learner
I will be trying to add 1% to this position around 13 cents p/share for a test on the recent bottom. If breaks, will drop to the bottom of the wedge as we try to create the wave 5 of retracement. Will look to add 0.5% if it does touch bottom of wedge. This will be a longterm play with anticipation to breakout of the wedge for a impulse.
LABD is finally perking up. Buying it as a hedge. chart starting to look good
TORNTPHARMA SWING AND BREAKOUT TRADING IDEA FRIENDS IF YOU LIKE THEN PLEASE LIKE AND SHARE.
Formations drawn Rising Wedge Scythe I expect a breakdown of this weird wedge that has formed between a major trendline and a line of strong bounce areas
breakout with volume short term upside ? comment, hit like if you think so
Detail @ The Chart
One can trade in this script with immediate target of 570 followed by 610 and higher before stock split, keep stop loss at 500. Good luck and have a great profitable day. For long term investors keep it in your portfolio and hold for multi fold returns. for more you can visit my site 5nancial.blogspot.com