GLPG: bullish formation / trend reversal?
Euro chart:
Two-week consolidation above 38% Fib retracement line (66 Eur. level) in 18-month trend. Momentum indicators positive. Recent analyst upgrades... Look for a close above 68.5-69 to buy for a move up to high 70's. Tight stop on close below 65.
Two-week consolidation above 38% Fib retracement line (66 Eur. level) in 18-month trend. Momentum indicators positive. Recent analyst upgrades... Look for a close above 68.5-69 to buy for a move up to high 70's. Tight stop on close below 65.
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