A cup of tea goes a long way
Weekly cup & Handle
Since making new highs, there have been a slight pull back but the trendline stays intact and it remains in an uptrend.
The trend is strong high above 50 week MA and preparing for a possible breakout to new highs.
Don't fight the trend.
Don't be scared of new highs.
Catalyst 2020:
Cervical Cancer Phase 2 data due 1H
DARZALEX ENHANCE PDUFA estimate 12 MAY
Price target:
29 of January; Dutch Kempen & Co raised their PT to 1750 DKK from 1700 DKK