Gufic Biosciences Ltd. engages in the manufacture and marketing of active pharmaceutical ingredients, generic pharmaceuticals, and related services. It operates through the following segments: Pharma and Bulk Drugs. The Pharma segment includes manufacturing and trading of tablets, capsules, ointment, syrups, suspension, powder, injections, and lotions. The Bulk...
Hi, all if you look at the Gufi bioscience you can see that it meets both VCP concept, as well as script is above Darvas box strategy. Fundamentally also stock is looking good.
AFTER MAKING 52 WEEK HIGH PRICE CONSOLIDATES IN TIGHT RANGE ,STOCHASTIC IS OVERSOLD ,FUNDAMENTALS OF COMPANY ARE VERY GOOD ,GOOD CANDIDATE FOR SWING /POSITIONAL TRADE WITH SL OF 109 FOR TARGET OF 124,129+
Guficbio – 93.20
Range breakout and looking bullish. One can go for Swing trade with the following entry, exit & targets
Buy range 89 - 90 / Stop Loss 86.50
Target 1 - 95
Target 2 - 100
Target 3 – 105
Note: This is my view and for educational purpose only
