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GLAND offers good R:R positionally
GLAND PHARMA LTD
Long
GLAND offers good R:R positionally
By AmanSaraf
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Aug 2, 2021
1
Aug 2, 2021
Chart Structure:
- In consolidation after Darvas Breakout.
- Stock in continuous uptrend.
- Price has retraced almost 33% of its up move.
Relative Strength:
- RS is strong and in uptrend.
- No Flip-Flop stock.
Volume Activity:
- Good Delivery volume in past few days
- 20 MFs Increased & 10 MFs decreased their positions in June.
Financial Performance:
- Company posted good Q1 results.
- QoQ Sales increased by 29.98%
- QoQ Profits increased by 34.64%
Chart Patterns
consolidation
Fundamental Analysis
relativestrength
riskreward
AmanSaraf
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