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jopre0502

$MOR: Bull flag break out after earnings

Long
MORPHOSYS (XETR:MOR)  
jopre0502  
XETR:MOR   MORPHOSYS
Chart Patterns Flag
4
0
chartpattern flagpattern
MOR was building up bull flag lately. Upper limit (~96 EUR) is close to number limit of 100 EUR. With earnings price cleared 100 EUR first time since Corona crash. Let's wait for confirmation with next swing on hourly timeframe.

Keep observing price-volume disharmony!
Warning of false breakout.
Target: 116 EUR
Entry: 100.84 EUR
Stop: 93 EUR
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