Market_beat3r

Another Breakout in Lupin

Long
Market_beat3r Mis à jour   
NSE:LUPIN   LUPIN LTD
-Pharma sector still going strong.
-Lupin already higher since my last call.
-The stock is currently breaking out of an ascending triangle pattern (in yellow on the chart) and has closed above a key resistance.
-Breakout on more than 2x average volume.
-Indicators still bullish. Weekly MACD crossing over 0.

Not an investment advice. Do your own due diligence.
Disclosure: Long via options.

Trade fermée: cible de profit atteinte:
Forming a rising wedge so ending position while it's up.
Clause de non-responsabilité

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