Some basic chart analysis on Genmab.
This is more to bring your attention to the stocks long term growth prospects.
With a TTM P/E ratio of 29 and a FWD of 3, combined with solid revenue growth TTM and FWD leads me to suggest that Genmab will thrive in the coming months and climb to all time highs.
Trend channel started in Nov 2018 and have been holding the channel for over 1 year
Will it keep going?
Still a up trend
holding the channel
50 ma holding more then nicely
support/resistens at 1453 ish
just hit the low of the channel
my signals say buy, so here is my idea.
Open trade at :1475
Set my TP at :1715
Set my SL at :1445 (if there...