The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Highest for the day on Frankfurt market was 4.45 euros, which is approximately 382p. Not sure how much volume though on German market.
Check prices at link below....
https://www.google.com/finance/quote/IJ8:FRA
Looks like ITM power is also traded on Frankfurt market. Currently it is at 4.18 euros which is about 360p.
Tech stocks are recovering on Nasdaq. Fuelcell has recovered to $7.80 after opening drop to $6.45 which means it is up more than 20% from today's low of $6.45.
Hopefully gap up tomorrow!
It could be forming W pattern with quick recovery to previous levels of 480-520p.
Only condition is 328p should hold.
https://ibb.co/wJGLsZz
Zodiac,
On weekly chart if you draw 'Trendline' on lows of previous years it touches around 328p. It has perfectly bounced off from that area twice. So I think 328-330 may be bottom. See chart below.
https://ibb.co/BV26ZGM
I am hoping 328p will hold. It is support from long term trend line which dates back to 2016-2018.
I have added more at 339 and 349. But the moment I add, it slides down very fast. Not sure if I am doing something wrong. But whatever time it takes, I won't sell until at least 483p. DYOR.
LONDON, March 24 (Reuters) - British tourists should go
ahead and book foreign holidays despite government warnings not
to, Ryanair boss Michael O'Leary said on Wednesday, as
the low-cost carrier announced plans to run 80% of its peak
summer capacity.
Vaccine rollouts will tame COVID-19 and reopen travel in
time for beach holidays, O'Leary predicted during a news
conference in which he also dismissed recent advice from UK
ministers that foreign travel is likely to remain off-limits.
"I don't frankly pay too much attention to it," he said,
citing the UK's "spectacularly successful vaccine programme"
that aims to reach the entire adult population by late July.
Britain's lead on vaccinations has put UK tourists at the
centre of the travel industry's summer hopes - dented by recent
setbacks to immunisation campaigns in mainland Europe and a
recent surge in infection rates.
O'Leary reported a surge in bookings from Britain and
Germany, in comments that contrast with the gloom besetting the
industry as it faces the risk of a second ruined peak season.
Airline and travel shares have fallen this week since the UK
toughened its stance, but regained some ground on Wednesday with
TUI up 7.8%, British Airways owner IAG 5.5%
higher, easyJet up 3% and Ryanair 0.6%.
Ryanair staged separate online press briefings on its UK,
Spain and Greek travel schedules in what O'Leary said was an
attempt to encourage consumers to book.
The Irish budget airline announced 26 new destinations in
Greece, Portugal and Spain and plans to operate a total of 2,000
weekly flights on 400 summer routes.
Vaccinations will have COVID-19 under control across the
region by summer, O'Leary forecast, and Britain would then have
no grounds to bar foreign trips.
"If you're fully vaccinated, I'd be very surprised if there
was any legal basis for the UK government preventing people
travelling on holidays to other European countries," he said.
"It is very difficult to persuade the UK population to sit
at home, or holiday at home, when everybody's been vaccinated."
Britain has banned foreign travel until at least May 17,
except for essential work, education or health reasons.
Consumers should "hold off booking international travel", social
care minister Helen Whately said earlier this week.
LONDON, March 23 (Reuters) - Prime Minister Boris Johnson
said he hoped to say more on international travel by April 5, as
holiday-makers hope the country will ease a ban on non-essential
trips.
The government is to review the ban in April and possibly
allow trips from May 17.
"We'll be able to say more we hope in a few days' time. I
certainly hope to be saying some more by April the 5th," Johnson
told a news conference.