This stock is going up from 52-week low with a cup-and-handle pattern.

$GLENMARK (India). 

1) The industry is becoming stronger.

2) GLENMARK is near the 52-week low, and (3) is up by more than 18% today (as of ~1:30 PM IST).

4) Undervalued stock.

5) Earnings growth turned positive in the last quarter.

6) Positive revenue growth in last quarter.

7) Weekly displayed the bullish Headwind that could catch the very bottom.

8) This week's Backdrop color and shape are bullish.

9) Relative Performance shows the stock is significantly outperforming the market.

10) It is going up after forming a cup-and-handle pattern in the daily chart.

11) GLENMARK displayed bullish Pressure for three days in a row as it started to go up from the (12) Price Extreme / Pendulum Low.

glen 1 2019-11-18_13-31-15.jpg  glen 2 2019-11-18_13-31-50.jpg  glen 3 2019-11-18_13-29-36.jpg 
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