Pharma 7081
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Overall prices are in a downtrend after that massive spike last year. From the technicals, we can see that the 4/1 resistance is a strong one where it is tested multiple times and today we see that prices are re-testing that area again.
If prices are able to breakthrough that level, there will be a possibility that the uptrend is back. At the same time prices could potentially form a Cup & Handle Pattern before breaking up higher.
Let's wait and see what will happen next.
Industry : HealthCare
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