Rvc8280
PANACEABIO - BO on new ordersPANACEABIO is trading in the range for the past couple of months and breakout by 18% today with huge volumes.
The reason for this is due to " $127.3 million orders from UNICEF and PAHO for the supply of its WHO pre-qualified fully liquid Pentavalent vaccine"
With this movement, Trend Ch +ve.
Close Crossing 4-week High
Crossed Monthly Pivot upside
Close is above Daily and Weekly SMA 20. But below Monthly 20 SMA.
The weekly trend changed to +ve. Still, the monthly trend is on the -ve side.
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