LeLaf

HALO: Ascending Triangle WEEKLY (+70%)

Long
NASDAQ:HALO   Halozyme Therapeutics, Inc.
Hello all,

Haven't posted anything bullish in quite a while but I believe this one is worth a look.
Thank you to @TORNADOF5 for suggesting it.

HALO seem to have been untouched by the pandemic downtrend, as have many pharmaceutical companies.

So looking at the weekly chart, the price action has built into an ascending triangle that seems to have broken through the 51.50$ resistance with some volume. We may see some resistance around 56$ but none above that price range.

Target price = 87.93$ (+70%)

Stay humble, have fun, make money.
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