Chart Check: This pharma stock hits fresh record high, breaks out from 70-week consolidation; time to buy?
Most of the technical indicators are in a buy mode. Additionally, it gave a breakout from 70-week consolidation which auger well for the bulls. On the price front, the stock price is trading above most of the crucial short- and long-term moving averages such as 5,10,30,50,100, and 200-DMA which is a positive sign for the bulls.
