RE: TA analysis by Trader EGO 102p first target then onto 138p17 Jul 2020 08:02
Currently 69p to buy and paid repeatedly at the death.
69p who would have thought - bargain. Especially as a further £3 billion funding assigned by our government alone with a second wave pending and Candour's inferior testing product being canned. In the US apparently the upscaling to 30 million tests a week will not be enough come October. The world will be crying out for tests. Then there's Mexico, india and Africa.
The GDR switch is on. The demand will be there and the TA analysis alone confirms there will be a bounce. I believe Spreadex accumulation has also impacted on the SP recently which we had assumed but now confirmed. It's almost GDR time - 100p first target and that's without news