-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 closed: target reached
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Forming a rising wedge so ending position while it's up.