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1.41 today. Short timeframe breakout. Fake breakout or real? Dpharma must stand firmly above 1.4 on a technical perspective , but bots manipulation make it tricky to catch
If we expect the renewal of insulin contract to be somewhere in Nov after Oct expiry (the last extension was announced in May despite expired in April), and the next qr earning is continued to be buoyed by good forex, higher gov orders (q3 q4 is better than q2, q2 gov orders are quiet), then maybe somewhere to pull ahead of Nov qr is oct, let’s see if it can stand above 1.4, or it wants to wash down again to 1.3 or 1.28 before Nov
The current movement feels like July, pulling up with little volume for a fake breakout and close low. Let’s hope for a final push down before oct-Nov catalysts