#LONG on MARKSANS PHARMA; Broke out Multi-year ascending channel

29 thg 11, 2023

MARKSANS was trading within an ascending channel since Nov '2005.

It broke out from the channel in the ongoing month of Nov '23 forming a large bullish candle on a monthly time frame, rising approximately 51%.

The Stock rose nearly 11.88% today hitting an All Time High of 165.

16 thg 4

Giao dịch đang hoạt động

25 thg 5

Ghi chú

Ready for some momentum!

30 thg 5

Ghi chú

strong performance in FY24 in terms of both revenue and profitability.However, the stock has run up more than 100% in last one year. Today's correction indicates results did not meat market expectations of growth.

Good bet for long term, but it may face correction of about 15-20% in short term.

24 thg 7

Ghi chú

Target 1 approaching...

29 thg 8

Ghi chú

Target 1 achieved on 28 Aug '24 !!