May even gap up on open like SNG has several times now, has been a volatile few weeks and most of the Covid19 stocks have commenced their bullish journey. We certainly had the volume today to justify the rise in addition to very strong fundamentals. Those selling at 7 will soon regret it.
Regardless, from here on medical trials will be of even greater importance.
On a technical basis a close above 6 sets this up nicely for 8s, hardly a great sell off from the 7s. MMs just shaking a few out before tomorrows hijinks.
Plenty of gap filling at present to, as in the MMs gap up on open then work it down over the day or two until the gap is closed. Don't get spiked folks!