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......just studied the charts and it's a green inverted hammer......
"A green inverted hammer candlestick often occurs at the end of a downtrend which signifies a possible bullish turn in the market. The long upper wick suggests that buyers are now pushing the prices of the commodity back up and the market may see a bullish price reversal"
Qualified update from Cavendish this morning, the only thing holding the SP back is ......nothing in my opinion! as it's a bona fida blockbuster coming soon!
"DESTINY PHARMA (DEST): CORP Capital markets day shines a light on the XF-pipeline Destiny Pharma’s capital markets day (CMD) focussed investor attention on the company’s XF platform, primarily cantered around on the company’s lead anti-infective asset, XF-73 nasal. The event hosted Key Opinion Leaders (KOL’s) from the clinical community who all conveyed a clear message of the current lack of treatment diversity beyond antibiotics and the burden of antibiotic resistance. The CMD coincided with the release of new positive data for XF-73, news which generated an extremely positive reaction in the market, with the stock up c25% on the day. We maintain our target price of 285p; however, will look to review our valuation following any future announcements on partnering which remains a key strategic objective for management"
XF-73 has a far greater potential than here and is much further re collaboration with major pharma's looking to join forces. Don't believe me? Just read up on it, it's a blockbuster. Not saying Steriwave is not good but it's been in use in Canada for a long time, the SP here is where the company is at, will soon need a fundraise unlike XF-73.🤘🙂😎