Make sure to fully understand all news risks associated with the stock prior to trading this pattern as major external factors can make the stock chart act irrationally. This stock has had as many bear traps as price falls. Beware
The point is this is waaay bigger than ODX AVCT ABDX etc and way bigger than CK there is large scale industry collaboration going on behind the scenes to achieve massively scaled domestic manufacturing supply. What will emerge will be some new and quite special
I see two downswings finishing in the last week. Price has not made a new low and is in pause mode. Price sat on well tested support. Median line for long term upmove is above 120. Would not be surprised to see a large jump in the coming days back to median.
Look at the whole vaccine thing, you got companies manufacturing vaccines in Europe to fulfil contracts around the world and the Europeans are trying to block the products leaving the EU! The world nearly collaspsed under the weight of fascism not so long ago because the UK couldn't even produce enough food and energy for itself and were dependant on vulnerable convoys to provide imports in order to keep us going. I amsure all this is not lost on Boris
There are certainly plenty of groups would would love to see a British company fail. What beggars belief is that it is openly encouraged for people to buy british, it has numerous benefits on the environment,security and local economy but the Government are being taken to court for doing so. If you cannot even support companies in your own country then its a pretty bleak and dangerous place to be.
I reckon SN has assembled a good team and will see us through, however I can also see Zaza escaping at the last minute to some corrupt Eastern block state (Georgia probably) in a helicopter bought with his gotten gains.
I don't see alot of downside here. Two timeframe down trends appear to have expired , the larger having broken out of resistance already and the second break out target is only 90 which stands a good change of being achieved this morning. It is still Easter and people are away and trading will be light. The shock of the tax year rolling over has been absorbed.. I think the price will move sideways ie stay at this level for the rest of the week.
This is the third and final attempt to push the price below 80p. Previous 15th and 26th Feb both very brief spikes down with rapid recovery afterwards. You can't have a bullish triple bottom if you haven't been to the bottom three times. When the market realises its staring at its third bottom it will react with heavy buying very quickly.
All rather nonsensical, which tests did they study? They are nasal swabs and saliva tests were both studied, no detail at all. Even missing 14 cases catches 36 and doing them as frequently as possible ie daily or twice weekly catches more of the cases missed first time. Plus no alterative proposed, so what do we do ? Stay shut down? Open up fully with no testing? Pointless article