Genedrive Plc price: GDR enjoys a massive bullish trend

Genedrive Plc shares (LSE:GDR) are currently in a massive bullish momentum. There was a serious northwards breakout around the end of November 2021, and the breakout has been sustained till now, resulting in a bullish signal.

Price is far above the EMA 21, and the William’s % Ranger period 20 is currently in the overbought region. The bias on GDR is very bullish and the upwards movement is supposed to continue for the next several months.

While there may be temporary pauses, as well as pullbacks along the way, price will invariably resume its uptrending and go further higher. It can reach the supply territories at 90.00, 100.00, and 110.00.

 

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