Morepen lab has broken out of a tight range.
The stock has risen above short- and long-term moving averages.
Then trend line break can be clearly seen
MACD line is about to cross above signal line. RSI is strong.
Relative strength has turned positive.
The stock is like to rise to 70-75 levels in the short term.
Fundamentals are strong and the company is looking to double it's sales force (Medical representatives). It has incorporated a company in Dubai for trading purposes. With little exposure to US markets, the company may not be impacted even if Trump creates some issues with tariffs.
The stock has risen above short- and long-term moving averages.
Then trend line break can be clearly seen
MACD line is about to cross above signal line. RSI is strong.
Relative strength has turned positive.
The stock is like to rise to 70-75 levels in the short term.
Fundamentals are strong and the company is looking to double it's sales force (Medical representatives). It has incorporated a company in Dubai for trading purposes. With little exposure to US markets, the company may not be impacted even if Trump creates some issues with tariffs.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.