Galapagos NV is a European pharmaceutical research company
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful.
We can see that the stock is very oversold which could lead us to a good buying moment
We also see that it is respecting the resistance of 110.65 very well
We could place the SL at 107
While the TP could be at 165 (although we could let that gain run as long as we adjust our SL)
At the moment that the breakdown of the range occurs to some place it can give a strong rise or fall (we see that there is a lot of rejection in the drop)
Besides that the RSI marks a lot of oversold
Blessings to all
If the info served you, give me a like and subscribe for more purchase opportunities ;)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful.
We can see that the stock is very oversold which could lead us to a good buying moment
We also see that it is respecting the resistance of 110.65 very well
We could place the SL at 107
While the TP could be at 165 (although we could let that gain run as long as we adjust our SL)
At the moment that the breakdown of the range occurs to some place it can give a strong rise or fall (we see that there is a lot of rejection in the drop)
Besides that the RSI marks a lot of oversold
Blessings to all
If the info served you, give me a like and subscribe for more purchase opportunities ;)