JohanRD

PHARMING LONG after touched 200EMA

Long
EURONEXT:PHARM   PHARMING GROUP
Pharming is a company with good fundamentals and now also available on the NASDAQ via a ADR (10 stocks). Take a look to the company.

Technical Analyse:

After it touched the 200 EMA you can see the big push to the North. My expectation is that this stock will go further North up, probably at least to it's last resistance at 1,46€.

I will keep it simple, because this picture on the daily chart is pretty powerfull and if you really want to take a shot with this company, look into the fundamentals also.

Personally i do have stocks of this company for a while now. For me this is a buy and hold stock. No dividends, but lots of potential amd already making profits.
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