Making money with a stock of a sector that does not know crisis is a concrete possibility that does not promise triple-digit gains, but important performances without taking too many risks.
We are talking about the pharmaceutical sector and the Farmaè share title, the first Onlife Health and Wellness Retailer in Italy, born in Viareggio in 2014 and listed on the AIM market of the Italian Stock Exchange since July 2019.
Since the beginning of the listing, the company has had an excellent performance that has led it to beat both the reference sector and the Italian market. As evidence of the fact that Farmaè’s business knows no crisis, just think that not even the coronavirus pandemic has affected it. The shares, in fact, closed the month of March 2020 on the rise and have not stopped since.
Making money with a stock of a sector that knows no crisis: how to operate according to graphical and forecast analysis
Farmaè (MIL:FAR) closed the session on 20 August with a rise of 7.48%, marking a last price at € 11.50.
On both the weekly and monthly time frames, the current trend is bullish and points towards the objectives indicated in the figure. In the best case scenario, reaching the maximum bullish extension on the monthly time frame in the € 14.6 area, the potential upside from current levels would be 30%.
We are not, therefore, in the presence of a stock with explosive potential, but of a solid title that allows you to earn steadily without jolts.
The ongoing rise would be challenged by monthly closings below € 10.122
Famae: bullish projection underway on the weekly time frame. The blue line represents the Running Bisector levels; the red line the levels of The New Law of Vibration. The bottom panel reports the BottomHunter signal. The minimum on the considered time frame is marked when it is equal to 1.
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Farmae: ongoing bullish projection on the monthly time frame. The blue line represents the Running Bisector levels; the red line the levels of The New Law of Vibration. The bottom panel reports the BottomHunter signal. The minimum on the considered time frame is marked when it is equal to 1.
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Deepening
What to do with a stock poised between a rise of 900% and a fall of 97%?
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