Cup and handle pattern + rising triangle on daily

✨️ EIPICO Pharmaceuticals (PHAR)
The stock has formed a cup and handle pattern on the weekly chart. On the daily chart, a rising triangle has also been confirmed, with today’s breakout above both patterns supported by the highest trading volume in the past 8 months.

If the stock manages to hold above 54, it will be positioned for the following targets:

Short-term: 60

Medium to long-term: 74 – 80 (targets of both chart patterns)


⚠️ Currently, the 54 level serves as the stop-loss. In case of a close below it, stop-loss should be activated to protect capital.

Trading Plan:

Stock Code: PHAR

Potential Buy Range: 54 – 55.7

TP1: 60

TP2: 74

TP3: 80

Stop-Loss: 54 (confirmation required)

Trailing stop-loss is recommended