PANACEABIO is trading in the range for the past couple of months and breakout by 18% today with huge volumes.
The reason for this is due to " $127.3 million orders from UNICEF and PAHO for the supply of its WHO pre-qualified fully liquid Pentavalent vaccine"
With this movement, Trend Ch +ve.
Close Crossing 4-week High
Crossed Monthly Pivot upside
Close is above Daily and Weekly SMA 20. But below Monthly 20 SMA.
The weekly trend changed to +ve. Still, the monthly trend is on the -ve side.
Daily SMA 13 Crossed SMA 55 upside.
Weekly SMA 13<34<55, But Close crossed Weekly SMA 13 Upside
RSI- M:46.0 WK:55.4 D:75.0
Add to the watchlist - take your own decision.
The reason for this is due to " $127.3 million orders from UNICEF and PAHO for the supply of its WHO pre-qualified fully liquid Pentavalent vaccine"
With this movement, Trend Ch +ve.
Close Crossing 4-week High
Crossed Monthly Pivot upside
Close is above Daily and Weekly SMA 20. But below Monthly 20 SMA.
The weekly trend changed to +ve. Still, the monthly trend is on the -ve side.
Daily SMA 13 Crossed SMA 55 upside.
Weekly SMA 13<34<55, But Close crossed Weekly SMA 13 Upside
RSI- M:46.0 WK:55.4 D:75.0
Add to the watchlist - take your own decision.