Pharming group holdings has been hold back twice in history at around 1.6, i have been watching the MAC D and Stochastic indicator on the daily, they both show interesting signals such as on the macd: Descending red with ascending green, this would at least tell me a new attempt of breaking 1.61 is within a week.
Stochastic on the daily is getting a positive slope on the daily and as shown i drawed a current support/ resistance line wich it will possibly bounce off of.
Keeping this in mind i think Pharming group seems like a good invest for the coming year, if ofcourse we can get above 1.61
GOODLUCK!
Stochastic on the daily is getting a positive slope on the daily and as shown i drawed a current support/ resistance line wich it will possibly bounce off of.
Keeping this in mind i think Pharming group seems like a good invest for the coming year, if ofcourse we can get above 1.61
GOODLUCK!
Trade active
Stochastic turned up, test of resistance soon :)Note
currently breaking resitance, close above 1.61 on a daily candle and i will have targets between 1.7 and 1.74 short termNote
wanted to see 2 daily closes above and especially a weekly, looks more bearish than bullish to me now! but dont bother my analysis if you are in for the long term!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.