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Glrnmark Pharma's upward trend is notable. Can it be maintained?
GLENMARK PHARMACEUTICALS
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Glrnmark Pharma's upward trend is notable. Can it be maintained?
By GoodluckCapital
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Jul 5
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Jul 5
(1) Before, the price was strongly rejected around the 1250 level.
(2) Then, the price dropped by about 85%.
(3) Later on, the price found support near the 165 level and began to rise.
(4) However, the price was rejected again around the 690 level and dropped.
(5) After a significant increase, the price finally broke the neckline of the Double Bottom pattern and continued to rise.
(6) Finally, after nearly 9 years, the price successfully broke through its resistance zone and maintained its position above it.
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