DPLO - DAILY CHART Hi, today we are going to talk about Diplomat Pharmacy and its current landscape.
Diplomat Pharmacy company receives attention today as in the middle a day of the announcements of a $5.2 billion total in Acquisitions by big names of the pharmaceuticals sector, such as Merck & Co. and Sanofi, that had made strategic movements on the oncology sector. Diplomat Pharmacy was bought by the UnitedHealth Group for $4 per share, totalizing $300 million, as Diplomat had announced before that was unable to pay off some of its debt, due to intense competition in the sector.
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DPLO
DPLO- Breakout long from current label or at break of resistanceDPLO seems ready for a upward ride. Crossed above MA50 & tested Breakdown resistance. Money flow accumulated & crossed above positive line. Overall looks very good as long. Speculatively we can take a entry now or waif for a break of resistance around $16.20
(Note: Trade update is delayed here.)
