Jass_12345

Wockhardt - Flag Pattern Breakout

Long
Jass_12345 Updated   
NSE:WOCKPHARMA   WOCKHARDT
Wockhardt is breakout from flag pattern and moving towards a target of 800+, ~60%upside. Other factors:

1. Volumes have again started picking up
2. RSI is above 60 on a daily basis
3. MACD is becoming positive
4. Dec quarter results are shows sign of getting better - Revenue has increased and loss has reduced

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