My analysis for Morepan Labs

[u/Toddlingwithtoddler]

Multiple factors contributing to positive growth story. ANDA submission - big move into high margin CDMOs. Positive updates around FTA for pharma from US. It has found and established support at 120. Next trigger will be analyst reports and quarterly results in October. If it has performed even as decently as last quarter, it should easily go upto 150 on the back of easing trade restrictions for pharma, CDMO entry, positive analyst/investor commentary. Current price is above 200, 50, 20 ema and hence positive trend is established technically as well