Wockhardt also looks interesting on both weekly and monthly charts. It is coming out of a 9-year-long downtrend. Monthly and weekly charts show a breakout of the double bottom 6 years in the making. Volume is also high!
Fundamentally, the company is on the verge of successfully completing a stage 3 trial drug, WCK 5222. And not just any drug— a wonder drug!
Disc: Invested – small tracking position
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