Chart of the Day – HIK

HIKMA PHARMACEUTICALS PLC (HIK-L)

HIKMA PHARMACEUTICALS PLC weakened -2.1 percent yesterday to a 52-week low. The company dropped a whopping -38.5 percent year to date, and trades at -24.6 percent below its long-term trendline. While oversold, the next major support level is at the psychological 1,000p.

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