Update -Gland Pharma
In June ,we covered this stock. Price was near 2600 and one of the probability set-up was telling that it might go near to 2100 (as mentioned in the above post).
Well price went to 2050 and bounced back.But agin going down.
Can it go to 1300-1500 range (below its listing price -issue price was 1490)?
Well as per current price-action , that seems to be one of the possibilities.
Disclaimer :These are probabilties set-up studies . These are based on historical price patterns among different securities. But these can fail and there is no guarantee on either side. Use your own studies and discretion. We are just sharing it for learning purposes- please don;t take it a buy or sell recommendation.
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