SMS Pharma - Negative trend reversal

SMS Pharmaceuticals underwent long downtrend from 198.8 on 05/08 to 116 on 20/12. This trend seems to have gotten over with Higher High and Higher Low pattern since 20/12.

Pattern:
1. Higher High Lower Low on Daily basis from 20/12
2. Cup and Handle Pattern beginning from from 04/11/21

Technicals:
1. Positive RSI Divergence
2. RSI Cross over on daily basis
3. High Volume after creating higher high, along with a 2nd green candle

SL: 120