GUFICBIO trade ideas
Gufic BioscienceStrong resistance at 52wk high level. If the level is breached, then stock have potential to move further. RSI is in buy range with good volume.
Gufic Bio - Short - Retrace from highRetracing from recent high
RSI - Negative Divergence
Candle stick - Negative after bearsih engulf yest
MA- Will possible take support on 10 DMA after some retrace for 1/2 days
Entry - Below 151
Targets - 147 / 145
Gufic BiosciencesTrade Idea Updated with a Bigger target.
All levels and analysis of stock posted on the chart
Please do your own analysis..!!
GUFIC Bio Long positionalGUFIC Bio Long positional
Entry @ 58.30
Stop Loss @ 54
Target 1 64
Target 2 68
GUFICBIO will trade down after long uptradeThe Doji pattern is formed
- Good for short this share as 52 week high is broken with Doji
- RSI also indicate to trade short
