Healthcare equipment company PerkinElmer (PKI) notched a new high on the charts yesterday. Let's check out the charts and the indicators to see if this winning streak can continue.
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Bulls hoped that a bottom had been found, but they overlooked the reasons behind the rally last week.
The shares have been in the single digits since early May.
With an expected dip for 2023, the pharmaceutical company could see its mRNA technology win big over the long term -- and investors could be rewarded.