GLP-1 weight-loss drug, whose full name is Glucagon-like peptide-1 receptor agonist. Initially, GLP-1 was a hormone secreted by the gastrointestinal tract mainly used for treating diabetes, but it has also been used to suppress appetite and control weight.
Chart looks good with double bottom. Next resistance is 26.83. Once it breaks the resistance, next hit point will be 27.15. Strong buying volume is needed to push up the stock and ensure the up trend is sustainable.
The stock is trading above 60EMA but below the 120EMA. It has broken above the upper band and it has turned bullish. RSI is turning up. It is likely on the up trend.
US FDA: Revoked Emergency Use Authorization for GSK and Vir Biotechnology's Sotrovimab as of Dec 13 - Website
it was fun..
Gapping up
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