RE: Well we have got28 May 2016 13:51
any particular reason for 550 DRichi?
based on your 18p per day rise we should be over 800 by the 17th june, which just happens to be around the PP i expect positive data to push us to (exchange rate dependant, could be 700)
are you now thinking that there will be a drop soon due to market pressures, or is it just a target you were looking for anyway?
gone for good, or just a temporary scalp?
the SP trend could continue, but as they say, the trend is your friend until it changes, in my mind it could go either way at the mo, the shorts could get squeezed so we pop, or buyers could just call it a day and wait for it to pull back from here, the bio index is looking strong, and historically the next month has been good for bio's.
I'm inclined to to think we will see a new all time high before any big drops really hit us, but it is totally dependant on positive data.