FAES FARMA: Last touch to lower bound of the bullish channel?

2020년 6월 2일

Tomorrow might be the day where FAES FARMA goes to the lower bound for the last time at 3.60€ level and from there goes up to Target Price 4.50€. It can close the triangle formed from April 24 to today going down to 3€ or spiking up to 4.50€ from June 4 on. That would be from a short-term perspective. From a long-term one, optimum technical entry price is at 3.40-3.45€. The stock is immersed in a bullish channel since December 7, 2012. 2019 was the fourth consecutive year of increasing profits, up to historical maximum €64 million (+24% than 2018). EBITDA was up +26.6%.

2020년 6월 29일

노트

Faes Farma gets out of bullish channel, approaching support at 3.60€

2020년 7월 8일

노트

Faes Farma aiming at 3€ once again? Or will it stop at 3.33€? Sales of antihistaminics fell down between 25 and 22% in March and May in Japan due to covid19 making people stay at home and not experiencing allergies. Well see how are next Q2 results on 24/07/2020.